Analysts expect higher Tourism Holdings buyout price

THL merged with Apollo in 2022. (Image: Supplied)

Wed, 18 Jun 2025

Analysts think the $2.30 price offered by a consortium to buy Tourism Holdings won’t be enough to seal the deal. Tourism Holdings (THL) told the market on Monday it had received a conditional non-binding indicative offer (NBIO) from a consortium comprising BGH Capital and the family interests of executive director Luke Trouchet. THL’s board must unanimously recommend the deal for it to go through, the company said.The $2.30 per share offer price was at a 57.5% premium from Monday’s before-open trading price of $1.46. Shar...

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