# Bapcor receives OIO approval to acquire Hellaby Holdings

Bapcor, an ASX-listed auto-parts company, received Overseas Investment Office approval for its NZ$3.60-per-share offer to acquire Hellaby Holdings. Bapcor is confident of exceeding 50% acceptances and may waive the 90% condition.

- Type: Acquisition
- Announced: 2016-12-21
- Where: New Zealand
- Status: announced
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Bapcor](https://endata.com/companies/20915.md) (acquirer)
- [Hellaby Holdings](https://endata.com/companies/20916.md) (target)

## Sources

- [businessdesk.co.nz](https://www.businessdesk.co.nz/news/bapcor-gets-oio-approval-to-buy-hellaby-says-its-confident-of-topping-50-acceptances/SXP5FN2RVRNP5MIBZFRFZ7YKDE/), 2016-12-21: "The Overseas Investment Office has approved Bapcor's $3.60-per-share offer, it said in a statement to the ASX."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.