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    WHS — Warehouse News Story

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    NZ's Warehouse Group calls off takeover talks with private equity firm

    Picture of Warehouse logoWarehouse
    02/08/2024 04:44
    Aug 2 (Reuters) - New Zealand's Warehouse Group  WHS.NZ 
said on Friday that talks with private equity firm Adamantem
Capital for an up to NZ$587.1 million ($349.1 million) takeover
of the former have been called off after a key shareholder
declined to back the offer.
   

($1 = 1.6818 New Zealand dollars)

 (Reporting by Sherin Sunny in Bengaluru; Editing by Sonia
Cheema)
 ((Sherin.Sunny@thomsonreuters.com;))

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