Wednesday, June 22, 2011

Plenty of interest, many potential buyers for NZ bus factory

Tranzwatching in Christchurch, Te Wai Pounamu, New Zealand

The receiver of failed large bus-maker DesignLine, Kieran Horne of of the accounting firm HFK,  is hoping to complete a sale of the New Zealand operation in just over a month. According to a news report in the Business Day section of there has been strong interest, including from a number of companies, national and international, with some already in the industry capable of taking the company forward.

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