Auto parts company, Bapcor Finance Pty Ltd
(ASX:BAP) has announced its received acceptances for 52.5% of Hellaby’s shares.
The company says its takeover offer of auto business Hellaby is unconditional.
Bapcor is offering shareholders $3.60 cash per share.
The offer will be closed on 7 February 2017.
Bapcor Finance posted a net profit of $43.6 million at 30 June 2016.
