Sena moves closer to 2 Cheap Cars takeover threshold

Sena & Co has secured acceptances representing nearly 8.5% of 2 Cheap Cars Group’s issued shares as it pursues a full takeover and potential delisting of the NZX-listed automotive retailer. The bidder controlled approximately 76% of the company before launching its offer for all remaining shares and needs to reach 90% to begin compulsory acquisition. […]
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