Hellaby to buy six automotive bolt-ons in 12-18 months; Bapcor sceptical
Hellaby expects an extra $105 million in sales from six prospective acquisitions to kick-in within the next 12 to 18 months.
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Hellaby Holdings says it should buy all six of the bolt-on automotive businesses it’s looking at within the next year of 18 months.
But Australia-based Bapcor, which wants to take over Hellaby and is offering $322.5 million or $3.30 a share, is questioning Hellaby’s execution of that acquisition
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Jenny Ruth
Thu, 03 Nov 2016
Thu, 03 Nov 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Hellaby to buy six automotive bolt-ons in 12-18 months; Bapcor sceptical
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