Scott Technology undervalued, Forbar says
MHM Automation takeover offer provides valuation guide for Scott Tech, which is doing an ownership review.
Scott Technology provides automation technology for production lines.
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Scott Technology should be valued some 26% higher than its current sharemarket price in light of Bettcher Industries’ recent $1.70 per share takeover offer for its peer, MHM Automation, according to a Forsyth Barr analysis.
On Friday, MHM’s non-conflicted board members recommended shareholders
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