NZ sharemarket drops 0.6% amid renewed Bremworth takeover offer – Market close

Graham SkellernBusinessDesk·3 Sep, 2026 06:27 AM5 mins to readAmerican global flooring supplier Mohawk Industries, through its subsidiary Floorscape, has made a revised full takeover offer of 95c a share for Bremworth, up from its previous cash payment of 75c a share. Photo / NZMEThe New Zealand sharemarket declined more than 0.5%, while the takeover battle for long-established carpet maker Bremworth heated up. The S&P/NZX 50 Index had a rocky day – steady in the morning, dipping at lunchtime, then rising and falling in the late afternoon, closing at 13,846.18, down 84.39 points, or