Tourism Holdings Ltd said today it might sell some businesses.
The company made the announcement because, it said, it “has cause to believe that confidentiality may not have been maintained whilst in discussions with third parties on the possible sale of some of the tourism businesses within Tourism Holdings’ portfolio”.
Chair Rob Campbell & chief executive Grant Webster said the company was in discussions regarding the Kiwi Experience business & some of the Discover Waitomo businesses, including Black Water Rafting, Ruakuri & the Waitomo Homestead.
They said the Waitomo Glow Worm Caves business wasn’t included as an asset for sale.
They added: “The discussions are incomplete and, if they progress to a definitive transaction, we expect to be able to provide more information during November or December.”
Attribution: Company release.