NZ Herald·3 min read·medium
Bremworth takeover scrapped as key investors oppose Godfrey Hirst deal
T
Tom Raynel
✦AI Summary
The proposed acquisition of carpet manufacturer Bremworth by Godfrey Hirst has been cancelled after a group of shareholders blocked the deal. Despite regulatory approval, the opposition from key investors led to the termination of the agreement.
Bremworth's deal with Floorscape has been halted after a group of shareholders voted against the scheme. Photo / Supplied
businesseconomy
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