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Tourism Holdings Extends Co-operation Agreement for Potential Acquisition

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Tourism Holdings Extends Co-operation Agreement for Potential Acquisition

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Tourism Holdings Limited ( (AU:THL) ) just unveiled an announcement.

Tourism Holdings Limited (THL) has announced a change in the nature of a relevant interest due to an extension of the term under a co-operation and exclusivity agreement with the Trouchet Shareholders and 5382917 Limited (SPV). This agreement involves a potential acquisition of THL’s shares or assets by SPV, with the exclusivity period now extended to June 14, 2026. This move indicates ongoing strategic negotiations that could significantly impact THL’s ownership structure and market operations.

The most recent analyst rating on (AU:THL) stock is a Buy with a A$2.94 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: 12,165

Technical Sentiment Signal: Buy

Current Market Cap: A$501.2M

Learn more about THL stock on TipRanks’ Stock Analysis page.

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