Tourism Holdings jumps 57.5% on buyout offer, lifts NZX 50

THL helped the NZX 50 rise 1.09%. (Image: Supplied)

Mon, 16 Jun 2025

A bid to take over Tourism Holdings has given the benchmark a boost in what otherwise would have been a quiet day on the New Zealand share market. The S&P/NZX 50 was up 1.07% to 12,690.130 points with gainers outnumbering decliners 53 to 41. Trading volumes were dominated by Tourism Holdings (THL), which disclosed it had received an unsolicited, conditional, non-binding indicative offer (NBIO) before the market opened. Of the $147.1 million in value traded across the main board, over $50m was in THL shares. Another buyo...

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