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INFRATIL ANNOUNCES AGREEMENT TO ACQUIRE STAKE IN PACIFIC RADIOLOGY GROUP Infratil Limited ( Infratil ) announces that it has executed a conditional agreement to acquire between 50.1% and 60% of Pacific Radiology Group Limited ( Pacific Radiology ), a comprehensive Diagnostic Imaging business in New Zealand, from existing Doctor shareholders, for total consideration of up to NZ$350 million. Pacific Radiology is the largest private diagnostic imaging service provider in New Zealand, operating 46 clinics in the South Island and lower North Island and employing 90 radiologists throughout New Zealand. Completion of the Pacific Radiology acquisition is conditional on counterparty consents to change of control in relation to a small number of material contracts. Assuming those consents are given, completion is expected by 31 May 2021. ....
The merchant bankers at First Capital, owner of NZ Bus, will be hoping their PR gurus will have a bit more fizz and bite than their carbonated namesakes. Given how last week’s NZBustastrophe ended, NZ Bus either received very bad PR advice from Thompson Lewis or else ignored very good PR advice from Thompson Lewis and locked out its drivers. It is quite difficult to unite GWRC (Greater Wellington Regional Council), the mayor, his councillors, the Tramways Union, the Combined Trade Unions, the minister of transport and the vast majority of the city’s highly annoyed bus commuters – but NZ Bus has done it. ....
Twitter Gordon Jon Thompson, the former Chief of Staff to Prime Minister Jacinda Ardern, has been hired to do PR for NZ Bus during the driver strike. In a statement on Thursday, NZ Bus chief executive Jay Zmijewski said the company had been left with “no option but to issue the lockout notice “in response to the strike action, the disruption we have been experiencing, and the threat of further ‘surprise attack strikes’ by the union”. NZ Bus is owned by Australian private equity firm Next Capital, which acquired it for $229 million in 2018. He had the role while her intended chief of staff Mike Munro was on medical leave. ....