Tourism Holdings executive director teams up with private equity for takeover bid

Tourism Holdings executive director teams up with private equity for takeover bid
A consortium has offered to take over THL at a 57.5% premium. (Image: Supplied)
Gregor Thompson
An executive director of Tourism Holdings has joined forces with Australian private equity and launched a takeover bid.Tourism Holdings (THL) told the market on Monday that it had received an unsolicited, conditional, non-binding, indicative proposal from a consortium comprising BGH Capital and the family interests of Luke and Karl Trouchet.As executive director of the company, Luke Trouchet has taken a leave of absence and removed himself from all discussions on the proposal.Melbourne-based BGH Capital's portfolio includes Australia's...

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