Dec 5 (Reuters) - Bapcor Ltd (BAP) :
- Bap to increase Hellaby takeover offer price
- Will increase offer price of its cash takeover offer for 100% of fully paid shares in hellaby holdings limited to NZ$3.60 per share
- Transaction will be fully funded by combination of current cash holdings and new acquisition facility With Australia And New Zealand Banking Group
- Bapcor will not be increasing its offer price further
- Revised offer is expected to be EPS accretive to Bapcor shareholders.
- A$181.3 million was raised via Bapcor's institutional placement and share placement plan
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