MHM takeover scheme ‘reasonable’, says independent adviser
Last month US manufacturer and food technology company Bettcher Industries made a bid for the company.
MHM Automation received a buyout bid earlier this year, and shareholders will vote next year.
An independent adviser has marked a takeover proposition for MHM Automation as "reasonable" in its professional opinion, with the bid falling within valuation brackets.
Simmons Corporate Finance issued its independent report on Bettcher Industries' bid for MHM Automation, the Christchurch-based
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