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BGH Capital Acquires Substantial Stake in Tourism Holdings Limited

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BGH Capital Acquires Substantial Stake in Tourism Holdings Limited

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Tourism Holdings Limited ( (AU:THL) ) has provided an update.

Tourism Holdings Limited (THL) is experiencing a significant change in its shareholder structure as BGH Capital, through its entities, has acquired a substantial holding of 17.795% in the company. This development follows a co-operation agreement between SPV and the Trouchet Shareholders, indicating potential future negotiations for further acquisition of THL’s shares or assets, which could impact the company’s strategic direction and market positioning.

The most recent analyst rating on (AU:THL) stock is a Hold with a A$2.02 price target. To see the full list of analyst forecasts on Tourism Holdings Limited stock, see the AU:THL Stock Forecast page.

More about Tourism Holdings Limited

Average Trading Volume: 35,190

Technical Sentiment Signal: Sell

Current Market Cap: A$298.9M

Find detailed analytics on THL stock on TipRanks’ Stock Analysis page.

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