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Bremworth Says New Zealand Commerce Commission Further Extended Clearance Decision Date on Scheme Implementation Agreement; Shares Down 4%

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Bremworth (NZE:BRW) said the New Zealand Commerce Commission further extended the clearance decision date on the company's scheme implementation agreement with Floorscape and Mohawk Industries to June 30, according to a Wednesday filing with the New Zealand bourse.

Floorscape agreed to acquire all of the company's shares through a scheme of arrangement, under the agreement disclosed in October 2025, the filing said.

If scheme implementation does not occur prior to the Aug. 7 end date, either the company or Floorscape may elect to terminate the agreement, per the filing.

Bremworth shares fell 4% in midday trade in New Zealand.

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