Latest fromHellaby Holdings Limited
Hellaby to delist by March 8
Hellaby Holdings will delist from the NZX by March 8, after ASX-listed auto firm Bapcor succeeded in its $352 million takeover.
Bapcor succeeds in Hellaby takeover
Bapcor has succeeded in its $352 million takeover of Hellaby Holdings after shareholders succumbed to the offer.
NZ shares rise
New Zealand shares rose on light volume, with A2 Milk Co, Z Energy and Air New Zealand all gaining, while Freightways dropped. The
Bapcor gets OIO approval to buy Hellaby
Bapcor says it's confident it will get acceptances for more than 50 per cent of Hellaby Holdings.
Hellaby shareholders told reject Bapcor offer
Hellaby provided first-half guidance for profit of up to $39.5 million, and promised a special dividend if the Bapcor offer fails.
Takeover target Hellaby hints at possible breakup
Takeover target Hellaby hints at possible breakup on its own terms.
Bapcor raises Hellaby offer to $3.60/share
Bapcor chief executive Darryl Abotomey said his company won't increase the cash offer again.
Bapcor hit snag in Hellaby takeover
Bapcor have taken issue with an independent advisor's report on their takeover of Hellaby Holdings.
Hellaby urges shareholders to reject Bapcor offer
Hellaby Holdings told shareholders the $322.5 million takeover bid is "significantly below" its independent adviser's valuation range.
Takeover bid 'flattering but big distraction'
Corporate takeovers are "the ultimate flattery" but dealing with an Australian bid for Hellaby Holdings is proving a major distraction.
Hellaby recommends investors wait for guidance
Hellaby Holdings shares closed up 8.91 per cent at the $3.30 price offered by Australian-listed autoparts firm Bapcor for its $322.5 million takeover bid.
Bapcor mounts $322.5m Hellaby takeover bid
ASX-listed autoparts firm Bapcor has mounted a $322.5 million takeover bid for NZX-listed Hellaby Holdings.
Hellaby's share price rallies after equipment sale
Hellaby Holdings' share price rallied by 7.3pc after the company announced the sale of its subsidiary Equipment Group.
Hellaby banks on footwear sector sale
Hellaby Holdings, the diversified investment company, posted a 65 per cent drop in first-half profit with revenue from three of its four segments falling.
CEO Q&A: Hellaby Holdings, Alan Clarke
Alan Clarke, who left retirement business Abano for Hellaby Holdings, tells Anne Gibson of his plans in his new role
Hellaby Holdings sells packaging division to Coveris for about $30 million
Hellabys has sold its packaging division to Coveris, one of the world's largest plastic packaging companies.
NZ sharemarket extends gains
New Zealand shares gained for a third day yesterday, paced by Contact Energy and TrustPower, as investors spooked by recent volatility sought high-yield stocks. Fisher & Paykel Healthcare rose to a record.
Hellaby adds $20m in annual sales with acquisitions
Hellaby Holdings expects to add $20m to annual revenue after buying New Zealand Trucks South Island and Dasko Marketing NZ.