Chair of Warehouse as well ..... don't think she buys her clothes from them
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The current **** wouldn't be happening if Derek was still around
Bring back Derek
Remember how the article read SKT "emerges" as the buyer.
That would imply there was field of bidders.
I'm pretty sure SKT was the only starter in the race.
From the Stuff article : 'Comment has been sought from Sky TV chairman Philip Bowman on the proposed acquisition.'
His phone must be out of range or turned off
Thats cos he's literally asleep half way around the world.
Are there any other NZX listed companies with their chairman not in the country?
Or worse, if there are, Are they also looking to acquire a loss making business to add to their turnaround story?
Or even worse, is there a NZX company that is in takeover territory where the chairman isnt even on the same continent?
Well I'm bucking trend and have been adding to my position today.
If PE want this, they will strike very soon on this weakness. Dream come true for them.