Bremworth (NZE:BRW) said the level of acceptances received under Mangawhai Collective's offer in respect of the Bremworth shares is 2.36%, as of the end of the day on Monday, according to a Tuesday New Zealand bourse filing.
Mangawhai Collective had made a partial takeover offer for 43.93667% of the fully paid ordinary shares in Bremworth that it does not already hold or control.
Its shares rose 2% in recent trading on Tuesday.