The Warehouse Group issues don't sell notice on takeover interest from founder Stephen Tindall and Adamantem Capital

Stephen Tindall still owns more than 27% of The Warehouse Group. (Image: Supplied)

Mon, 22 Jul 2024

The Warehouse founder, Stephen Tindall, and a private equity firm want to take over the struggling retail group. In a Monday morning notice to the New Zealand Exchange (NZX), The Warehouse Group said it had received an approach from Tindall and Sydney private equity firm Adamantem Capital Partners to acquire all of its shares.It issued a don’t sell notice on the exchange and advised shareholders not to sell pending further advice from directors. “The board of directors cautions shareholders that the approach received did n...

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