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Andrew Hopkins (right) with AMA Group executive chairman Ray Malone.

ATO ruling halts $508m auto deal

Perth investor Andrew Hopkins’ planned $508 million buyout of national panel beating business AMA Group has been cancelled after the group failed to get an expected ruling from the Australian Taxation Office.

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AMA Group (AMA)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
226thAMA Group7%27%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

th-AMA Group$509.7m
80 listed non wa companies ranked by revenue.
Source: Morningstar

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