Acquiring Company
Sena & Co Limited
Acquired Company
2 Cheap Cars
Description
Sena & Co Limited has extended the deadline for its takeover offer for 2 Cheap Cars to September 23. Currently, Sena & Co holds approximately 75.924% of 2 Cheap Cars’ shares and is seeking to acquire more. The offer price is set at $0.80 per share, with a minimum acceptance condition requiring 90% of voting rights to proceed. Shareholders are encouraged to accept the offer promptly to ensure completion.
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Based on deal dataFrequently asked
Who acquired 2 Cheap Cars?
2 Cheap Cars was acquired by Sena & Co Limited. The deal was reported on August 10, 2026. Sena & Co Limited is a company involved in strategic acquisitions and investments. The firm focuses on identifying undervalued assets and enhancing their value. Sena & Co Limited is privately held and operates in Biotechnology.
When did Sena & Co Limited acquire 2 Cheap Cars?
Sena & Co Limited's acquisition of 2 Cheap Cars was reported on August 10, 2026. Sena & Co Limited has extended the deadline for its takeover offer for 2 Cheap Cars to September 23. Currently, Sena & Co holds approximately 75.924% of 2 Cheap Cars’ shares and is seeking to acquire more. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does 2 Cheap Cars do?
2 Cheap Cars is a used car retailer with 10 dealerships across New Zealand. It specializes in offering affordable vehicles to consumers. The company has a significant market presence in the automotive sector. It is privately held, operating in Transportation, and is based in Bahamas.