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Proposed Warehouse takeover: How did the market react?

Author
Newstalk ZB,
Publish Date
Wed, 24 Jul 2024, 8:49pm
The Warehouse is facing tough times. Photo / Alex Cairns
The Warehouse is facing tough times. Photo / Alex Cairns

Proposed Warehouse takeover: How did the market react?

Author
Newstalk ZB,
Publish Date
Wed, 24 Jul 2024, 8:49pm

Experts have revealed how the market reacted to the proposed takeover of the Warehouse.

An Australian private equity firm has made a formal takeover offer to The Warehouse Group - which would give founder Sir Stephen Tindall greater control.

Milford Asset Management's Jeremy Hutton explains how this played out on the NZX.

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