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BGH Consortium Proposes NZ$3.10 Per Share Bid for THL Amid Profit Guidance Cut

6:30am on Friday 29th of May, 2026 AEST Tourism
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BGH Consortium Proposes NZ$3.10 Per Share Bid for THL Amid Profit Guidance Cut

6:30am on Friday 29th of May, 2026 AEST
Key Points
  • BGH-led consortium offers NZ$3.10 per share in non-binding acquisition proposal
  • THL’s FY26 underlying net profit guidance lowered to NZ$40-43 million
  • Net debt forecast increased to NZ$460-470 million due to vehicle sales softness
  • Shareholders representing 16% support engagement with the consortium
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