Hellaby shareholder: Bapcor’s offer price is too low
Bapcor would get all the benefits of Hellaby's recent management initiatives if its takeover succeeds at the current price - Aaron Bhatnagar. With special feature audio.
Jenny Ruth Wed, 28 Sep 2016
One of the larger Hellaby Holdings shareholders says Australia-based Bapcor’s $322.5 million takeover offer undervalues the company.
Aaron Bhatnagar, whose family owns 1.2% of Hellaby, says at the $3.30 per share offer price, Bapcor would receive all the benefit of the $81 million sale of the
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