Scott Technology undervalued, Forbar says
MHM Automation takeover offer provides valuation guide for Scott Tech, which is doing an ownership review.
Scott Technology provides automation technology for production lines.
Scott Technology should be valued some 26% higher than its current sharemarket price in light of Bettcher Industries’ recent $1.70 per share takeover offer for its peer, MHM Automation, according to a Forsyth Barr analysis.
On Friday, MHM’s non-conflicted board members recommended shareholders
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