Scott Tech stock jumps 6% on ownership review


JBS Australia owns 53.05% of Scott’s shares, so any potential sale of its stake could trigger a full takeover.

Scott Technology’s robotics at work in a JBS factory.

Scott Technology will do a strategic review of its ownership structure after discussions with its majority shareholder, JBS.

The NZX-listed automation and robotic solutions company has hired Macquarie Capital as financial adviser for the review which “will explore options to maximise value for all

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