Turners expects to get up to 10% of MTF, eyes a board seat
Turners is expecting to get up to 10% of Motor Trade Finances and is hoping for a board seat.
Jenny Ruth Fri, 16 Oct 2015
Turners [NZX: TNR] is confident its bid will result in it getting up to 10% of Motor Trade Finances [NZDX: MTFHC] and that MTF’s board will approve the purchase.
It’s also eyeing a seat on MTF’s board.
Turners, formerly Dorchester Pacific, owned 0.95% of MTF before launching its offer to pay
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