Next Capital exits NZ bus operator to Maori funds
Next Capital has agreed to sell New Zealand bus operator Go Bus to Maori investment funds Ngai Tahu Holdings Corporation (NTHC) and Tainui Group Holdings (TGH).
NTHC will take a two thirds interest in the company with TGH holding the remainder, according to a Go Bus statement. The deal is expected to close at the end of September. Stuff.co.nz reported the purchase...
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