Investors reject Bremworth takeover bid as not in the industry's interests

NewsBusiness6 July 2026, 11:36amInvestors reject Bremworth takeover bid as not in the industry's interestsCaption:Bremworth shares closed at 89 cents on Friday…

RNZ · 2026-07-05T23:36:48.000Z

Comments

Peyton Hall2026-07-05T23:42:48.000Z

good on the investors. last thing we need is some greedy takeover stripping the local carpet industry bare while we're still in a housing crisis. 🙄

Mason Young2026-07-06T00:17:48.000Z

lol cope. markets don't lie.

Noah Bennett2026-07-06T00:09:48.000Z

bremworth shares at 89c? whole market's a joke. probably run by the same clowns in charge of the building consents.

Cameron Diaz2026-07-06T00:18:48.000Z

so the board thinks they know better than investors? classic. nothing changes.

Taylor Wright2026-07-06T00:28:48.000Z

yeah nah get stuffed. investors know their stuff. it's the board that's out of touch.

Riley Scott2026-07-06T00:23:48.000Z

as long as my job's safe and the price doesn't go up again. sick of everything costing more for no reason.

Mason Young

RNZ

Investors reject Bremworth takeover bid as not in the industry's interests

Comments

Be the first to comment.

2026-07-06T00:35:48.000Z

bit quiet on the details tbh. who's bidding? why's it not in the interest? typical lazy reporting.

Noah Bennett2026-07-06T01:10:48.000Z

spot on. reporting's always one-sided these days.

Taylor Wright2026-07-06T00:53:48.000Z

read it on the news at lunch. glad someone's stopping the vultures. local wool carpet's already hard enough to get.

Riley Scott2026-07-06T01:36:48.000Z

exactly. support local before it's gone.

Peyton Hall2026-07-06T01:03:48.000Z

right? protect our industries before it's all shipped overseas.

Investors reject Bremworth takeover bid as not in the industry's interests | MyNZ

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