Rob Stock on Muck Rack

Rob Stock

Verified
New Zealand
As seen in: Stuff.co.nz, Manawatū Standard, Sunday News (New Zealand), Sunday Star-Times, Sydney Morning Herald, The Marlborough Express, The Nelson Mail, The Southland Times, The Timaru Herald, Western Leader, The Age and
I'm a Stuff reporter specialising in money matters and anything else I find interesting.
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Articles

‘Frustrated’ Bremworth board says takeover talks with US-owned rival will cease

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By Rob Stock Verified
| The Post (Wellington)
Bremworth will continue as a standalone business. A scheme of arrangement which would have seen wool carpet maker Bremworth taken over by a US-owned rival has been defeated by a shareholder revolt. Last week, the Commerce Commission gave permission for the arrangement for the troubled carpet maker to be put to shareholder vote, but a revolt by a large minority of shareholders means that vote would now fail.
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The Waikato Times

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By Rob Stock Verified
| The Waikato Times Verified
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Bremworth board ‘disappointed’ at major shareholders’ opposition to sale to US buyer

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By Rob Stock Verified
| The Post (Wellington)
Bremworth is one of the two largest woolen carpetmakers in New Zealand.Supplied The board of wool carpetmaker Bremworth say they are disappointed a group of major shareholders have vowed to vote against a “scheme of arrangement” that would see it taken over by a US company. Last week, the Commerce Commission gave permission for the scheme of arrangement for the troubled carpetmaker to be put to shareholder vote.
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