Tourism Holdings is now the target of a competing acquisition offer, exceeding a previous bid from BGH Capital by approximately 10%. The new, non-binding indicative offer comes from an unidentified party and proposes a share price between $3.30 and $3.40. This values the company between $730 million and $752 million. Tourism Holdings has not disclosed details about the potential buyer. The previous offer from BGH Capital had been considered a frontrunner in the acquisition process. This development signals a potential bidding war for the New Zealand-based tourism operator. Further details are expected as the company evaluates the new proposal.