Sir Stephen Tindall and Adamantem Capital approach The Warehouse to buy up shares, potentially positioning it as a third player in NZ's supermarket industry.
Sir Stephen Tindall, founder of The Warehouse, and private equity firm Adamantem Capital Partners have approached the company to buy up shares. The Warehouse board stated the approach doesn't constitute an offer but will update the market as needed. Speculation suggests Tindall aims to position The Warehouse as a third player in New Zealand's supermarket industry.
July 21, 2024
3 Articles