KKR to acquire New Zealand bus company Ritchies Transport at value of $347M

Global investment firm KKR has plans to acquire a New Zealand bus and coach company with an 86-year heritage, Ritchies Transport. The terms of the deal were not disclosed, but sources familiar with the circumstances say the deal values Ritchies at over $347 million ($500 million NZD). On Thursday, the two companies signed the definitive agreements under which KKR will acquire Ritchies, markin… Click below to read the full story from TechCrunch
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