The Warehouse Group's privatization attempt failed due to insufficient shareholder support.
The Warehouse Group's privatization attempt failed due to insufficient shareholder support for the takeover bid by Adamantem Capital, backed by founder Sir Stephen Tindall. The company's board is committed to working in shareholders' best interests and remains open to further discussions if a new proposal gains wider support. The Warehouse Group's share price dropped upon the announcement.
August 02, 2024
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