Bapcor says no to a Hellaby dividend on top of its offer
“We are quite happy to include a dividend in our price of $3.60, but it certainly isn't in addition to it” – Bapcor's Darryl Abotomey
Australia-based Bapcor is categorically refusing to allow Hellaby Holdings to pay a dividend.
Bapcor says the New Zealand company has already spent both the earnings for the six months ending this month and the capital gains from selling its equipment division.
Hellaby chairman Steve Smith
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Jenny Ruth
Wed, 07 Dec 2016
Wed, 07 Dec 2016
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Bapcor says no to a Hellaby dividend on top of its offer
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