Acquisition and disposal - Page 3
Car dealer Lookers set to be delisted from London Stock Exchange
The AM100 dealer group Lookers is set to be delisted from the London Stock Exchange next week in accordance with its takeover by Global Auto Holdings, a bidding vehicle and sister business to Canada's Alpha Auto Group.
Lithia adds an extra £117 million to its Pendragon acquisition offer
America's Lithia Motors has increased its acquisition offer for Pendragon by 42%, another £117 million, taking the amount being offered for all its Stratstone, Evans Halshaw, Carstore and PVM motor businesses up to £367 million.
USA's Lithia Motors to buy Pendragon in £250m deal to become UK's 2nd biggest dealer group
US-based Lithia Motors could be set to take over Pendragon's dealership and leasing businesses in a £250 million deal which would leave Pinewood, Pendragon's software division, behind as a standalone entity retaining Pendragon's stock market listing.