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Tourism Holdings Grants Due Diligence Access to Consortium for Proposed Acquisition; Shares Rise 6%

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Tourism Holdings (ASX:THL, NZE:THL) granted due diligence access to a consortium comprising BGH Capital and the family interests of Luke and Karl Trouchet for a proposed acquisition of the company, according to a Friday filing with the Australian and New Zealand bourses.

The consortium has proposed to acquire Tourism Holdings at an indicative all-cash offer price of NZ$3.10 per share.

The company said it granted the due diligence access after the consortium confirmed it was willing to hold its offer at that price level following a cut to Tourism Holdings' fiscal year 2026 underlying net profit after tax guidance.

Tourism Holdings will continue to work with the consortium on a potential deal, but warned that the decision to grant due diligence access does not constitute a recommendation on the offer.

The company's Australia-listed shares gained 6% in recent Friday trade.

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