StockWatch
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Software Products
Acquisitions8 Oct 2026, 05:30 pm

Kati Patang Lifestyle to acquire 10% of Bread Private Limited via Share Swap

AI Summary

Kati Patang Lifestyle Limited announced its Board of Directors has approved the acquisition of a 10% equity stake in Bread Private Limited (Gimme NZ), a New Zealand-based food delivery and premium liquor marketing company. The acquisition will be conducted via a share swap, with the specifics of the preferential allotment to be determined post-valuation and legalities. Bread Private Limited reported a turnover of $272,333 in FY 2025-26. This move aligns with Kati Patang's strategy for business expansion and diversification. The acquisition is subject to due diligence and the signing of definitive agreements, with an estimated completion within four months of SHA signing.

Key Highlights

  • Board approves acquisition of 10% stake in Bread Private Limited (Gimme NZ).
  • Acquisition to be completed via share swap mechanism.
  • Bread Private Limited is engaged in food delivery and liquor marketing in New Zealand.
  • Strategic move for business expansion and diversification.
  • Completion subject to valuation, due diligence, and definitive agreements.