Stagecoach chief executive Brian Souter has expanded his personal business interests in New Zealand with the purchase of Auckland-based ferry operator Fullers Group in a deal worth £15m.
The firm, which made a profit of £2m in the last financial year, operates subsidised commuter ferry and commercial tourist services. The Stagecoach chief executive is buying the business through his Souter Holdings investment firm from NZ Bus, the former Stagecoach New Zealand operation which has...
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