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Why Is thl Selling Its UK & Ireland Business for NZ$8 Million?
7:38am on Monday 16th of February, 2026 AEDT
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Tourism
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Why Is thl Selling Its UK & Ireland Business for NZ$8 Million?
7:38am on Monday 16th of February, 2026 AEDT
Key Points
Sale of UK & Ireland assets to Indie Campers for NZ$8 million
Expected one-off gain of NZ$6.8 million from the transaction
Proceeds earmarked for debt repayment to improve capital efficiency
Three-year non-compete clause included in the deal
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Tourism Holdings Rentals (ASX:THL)
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