Oct 21 (Reuters) - Hellaby Holdings Ltd HBY.NZ
* Sent a letter to shareholders in regards to unsolicited takeover offer from bapcor.
* Independent directors reiterate their preliminary view that offer is opportunistic
* Shareholders are recommended to do nothing in regards to bapcor offer until they receive recommendation from independent directors
* "There is no benefit in shareholders accepting bapcor offer early" Source text for Eikon: ID:nNZWNWC2S Further company coverage: HBY.NZ