Brief: Bapcor Responds To Media Speculation Of Indicative Proposal From Bain Capital

Bapcor

10/06/2024 23:56

June 11 (Reuters) - Bapcor Ltd  BAP.AX :
    * RESPONSE TO MEDIA SPECULATION AND CONFIRMATION OF RECEIPT
OF
NON-BINDING, INDICATIVE PROPOSAL FROM BAIN CAPITAL PRIVATE
EQUITY
    * UNDER TERMS BAPCOR SHAREHOLDERS WOULD RECEIVE A$5.40 CASH
PER
SHARE
    * CONFIRMS AFTER MARKET CLOSE 7TH JUNE RECEIVED UNSOLICITED,
INDICATIVE, CONDITIONAL & NON-BINDING PROPOSAL FROM BAIN CAPITAL
PRIVATE EQUITY
    * BOARD CAUTIONS AT THIS TIME, NO GUARANTEE THAT INDICATIVE
PROPOSAL PUT FORWARD BY BAIN CAPITAL WILL RESULT IN A BINDING
OFFER


Further company coverage:  BAP.AX 

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