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Hellaby: Automotive division worth more than the independent valuation

Hellaby Holdings' board is aggressively defending the company's worth and prospects in the face of Australia-based Bapcor's $322.5 million takeover offer.

Jenny Ruth
Tue, 01 Nov 2016

Hellaby Holdings’ board has come out fighting, saying its automotive division alone is worth more than Australia-based Bapcor’s $322.5 million takeover offer.

Hellaby says the automotive division is worth at least $350 million, excluding any synergy benefits Bapcor would gain.

Furthermore, if

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Jenny Ruth
Tue, 01 Nov 2016
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Hellaby: Automotive division worth more than the independent valuation
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