Warehouse buyout approach labelled ‘opportunistic’
UPDATE: Devon Funds head of retail Greg Smith says some shareholders may be tempted at potential bid between $1.50 and $1.70.
Hamish McNicol and Kate McVicar
Tue, 23 Jul 2024
An approach to potentially acquire struggling NZX-listed retailer The Warehouse Group has been labelled opportunistic.
Today, the Warehouse said private equity firm Adamantem Capital was looking to acquire it at a price between $1.50 and $1.70 a share.
The unsolicited, non-binding, indicative
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Hamish McNicol and Kate McVicar
Tue, 23 Jul 2024
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