New Zealand’s largest bus operator changes hands for A$4b
The Kinetic Group operates a stable of brands in New Zealand, and provides half of the public transport fleet in Auckland.
NZ Bus in Wellington.
The Australia-based company that is New Zealand’s largest bus operator has been sold to US private equity house TPG in a deal reported to be worth more than A$4 billion ($4.4b).
Kinetic Group, which is also Australia’s largest bus company, has been up for sale and talking to potential buyers
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