Bapcor Ltd
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Bain Capital makes $1.83b takeover offer for struggling car parts business Bapcor
Aftermarket car parts supplier Bapcor (ASX: BAP) has received a $1.83 billion takeover proposal from private equity firm Bain Capital. The offer was put forward after the Australian share market closed on Friday. Under the terms of the deal, Bapcor investors would receive $5.40 cash per share, representing a 23.9% premium to the company’s last […]
There’s vroom to move for ASX-listed automotive stocks as motorists and bikers hit the road again
The sprawling ASX-listed automotive sector is one to watch this annual general meeting (AGM) season as holidaymakers avail of newly-restored freedoms and gear up for a good ol’ fashioned road trip. Of course, with the freedom of travelling offshore confined to Tasmania and the vaunted Kiwi bubble, householders have no option than discovering the joys […]