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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
4 mins to read

Bain Capital offers A$1.83b to acquire beleaguered Bapcor

The ASX-listed Bapcor runs 1100 automotive stores in Australia and New Zealand across the Autobarn, Autopro, and Burson brands.

Three earnings downgrades have signficantly hit Bapcor’s shareprice.

Dan Purves Tue, 11 Jun 2024

Automotive aftermarket supplier Bapcor confirmed today it has received a non-binding takeover offer from US-headquartered Bain Capital Private Equity for A$1.83 billion ($1.97b).

The move comes as Bapcor continues to go through turmoil in terms of financials and management. Despite this, analysts

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Dan Purves Tue, 11 Jun 2024
Contact the Writer: dpurves@nbr.co.nz
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Bain Capital offers A$1.83b to acquire beleaguered Bapcor
Investment,
104439
true