Volaris offers 69% premium for telematics business which has struggled to make headway in North America. Eroad offers telematics for trucking and transportation companies. Dual-listed telematics business Eroad has received a full takeover bid from Canadian company Volaris Group at $1.30 per share in cash, representing a 69% premium to its closing share price yesterday and valuing the company at $146.8 million. The NZX and ASX listed trucking telematics provider told Want to read more? It's easy.

https://www.nbr.co.nz/investment/eroad-attracts-147m-takeover-bid-from-canadian-suitor/

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