2232 GMT - Could a third party attempt to gatecrash a takeover of MaxiPARTS? Ord Minnett assesses the possibility. MaxiPARTS has received a A$2.50-a-share proposal from Ares Management. Its directors are supportive if Ares firms up the bid. Examining potential interlopers, analyst James Casey says Bapcor is the most obvious candidate. Bapcor owns commercial-vehicle businesses Truckline and WANO. "Acquiring MaxiPARTS would roughly double Bapcor's exposure to the segment and offer obvious synergies," Ord Minnett says. "However, it is unclear whether Bapcor's new management team has investor backing to pursue a major acquisition while the company is still in a turnaround." Another possible suitor is Genuine Parts Co., which owns Repco in Australia. It has no commercial-vehicle exposure in Australia, but has acquired similar businesses overseas, says Ord Minnett.