The Warehouse: Adamantem still hunting a bargain

The Warehouse has plenty to excite a buyer, retail analysts say. (Image: NZME)

Tue, 03 Sep 2024

A month after The Warehouse Group halted takeover talks, hopes of a deal are still alive. The Warehouse Group founder Stephen Tindall's and Australian private equity outfit Adamantem Capital’s $590 million bid to buy the struggling retailer was knocked back on Aug 2. That proposed bid for The Warehouse, which valued its shares at up to $1.70, is understood not to have won over its third-largest shareholder, the Norman retailing dynasty – the family behind Pascoes The Jewellers, Farmers, and Whitcoulls. J...

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