Anders Hedin News Today

Hedin Mobility, the Swedish company headed by Anders Hedin (pictured), has expanded again with the purchase through a subsidiary of BMW and MINI dealer gro

Hedin Mobility Group saw pre-tax profits slide by over 55% in 2023 as it was weighted down by major business expansion in Europe, including the UK where

Turin, 5th December 2023. Iveco Group N.V. (EXM: IVG) and Hedin Mobility Group AB (publ), following up on the Letter of Intent signed in March 202...

Turin, 5thDecember 2023. Iveco Group N.V. (EXM: IVG) and Hedin Mobility Group AB (publ), following up on the Letter of Intent signed in March 2023, announce the signing of a

The British boss of one of America’s biggest car dealers is this weekend weighing whether to gatecrash the £500 million takeover of Pendragon.Mike Manley, chief executive of Florida-headquartered AutoNation, has not ruled out upping a bid for the UK’s second-biggest car dealer, according to City sou

A Swedish car dealer and its American partner have abandoned its takeover bid for British rival Pendragon, sending its shares tumbling.

The car dealership said late on Tuesday that US car retail giant AutoNation has made a rival takeover proposal for the firm.

Car dealership Pendragon has posted higher half-year profits as the group finds itself at the centre of a three-way takeover tussle.

A second pitch from Anders Hedin and Roger Penske's dealer groups to acquire Pendragon in its entirety has upped their offer from 28p per share to 32p per share.

Car dealership group Pendragon has seen its shares surge after agreeing the proposed sale of its UK motor business to US giant Lithia Motors for £250 million.The company’s share price was up by more than 25% on Monday morning after the deal was an...