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Carpet maker Bremworth's takeover collapses

Bremworth's proposed takeover by Floorscape has collapsed after shareholders representing 38 percent of the carpet maker's shares said they would not support the deal.

Raccontata darnz.co.nznzherald.co.nz

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AI · summaries
rnz.co.nzStai leggendo21 h fa

Carpet maker Bremworth's takeover collapses

Bremworth's proposed takeover by Floorscape has collapsed after shareholders representing 38 percent of the carpet maker's shares said they would not support the deal.

originale
nzherald.co.nz1 g fa

'Frustrated': Bremworth takeover canned as shareholder group pulls support

Shareholders holding 38% of Bremworth shares vowed to block the takeover.

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Timeline cronologica

  1. lunedì 6 luglio 2026·rnz.co.nz

    Investors reject Bremworth takeover bid as not in the industry's interests

    A group of Bremworth shareholders controlling 19.4 percent of the carpet maker's voting rights has declared it will vote against a proposed takeover by Floorscape, throwing fresh…

  2. lunedì 6 luglio 2026·nzherald.co.nz

    'Frustrated': Bremworth takeover canned as shareholder group pulls support

    Shareholders holding 38% of Bremworth shares vowed to block the takeover.

  • martedì 7 luglio 2026·rnz.co.nz

    Carpet maker Bremworth's takeover collapses

    Bremworth's proposed takeover by Floorscape has collapsed after shareholders representing 38 percent of the carpet maker's shares said they would not support the deal.