Hellaby board holds out for an additional dividend
Hellaby Holdings' board wants Bapcor to agree to an 18c per share first-half dividend.
Jenny Ruth Tue, 06 Dec 2016
Hellaby Holdings’ board is demanding a dividend as the price of supporting Bapcor’s $3.60 a share takeover offer which would effectively raise the price to $3.78.
The company says it wants to pay an 18c per share dividend to allow maximum use of its imputation credits which would otherwise be