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The New Zealand storage and transportation business MHM Automation has actually consented to a takeover deal.
Image: 123rf. com
Storage, transportation, and logistics devices maker MHM Automation has actually gotten investor approval for a takeover deal from United States-based Bettcher Industries
The rate was an 87 percent premium to the last closing cost, prior to the deal made in November 2023.
Food processing organization Bettcher will purchase all of MHM’s shares for $1.70 each, with settlement topic to last orders by the High Court.
All conditions were anticipated to be consulted with payment to investors on 6 March.