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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.
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Pendragon PLC ("Pendragon" or the "Company") Proposed Disposal of UK Motor and PVM, transition to Pinewood Technologies plc and Strategic Partnership with Lithia

The Boards of Directors of Pendragon and of Lithia Motors, Inc. , one of the largest automotive retailers in North America, are pleased to announce they have agreed the terms of a proposed sale by...
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Mitsubishi wants to sell Australia's cheapest electric car - but here's what might be holding it back from undercutting the MG ZS EV and BYD Atto 3

Mitsubishi is keen to offer what could be Australia’s most affordable electric car as part of a new-look line up, but there are some major concerns holding the brand back from committing to the unique all-electric hatch.
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Ontario Teachers' agrees to acquire a 25% stake in SSEN Transmission to deliver renewable energy to millions of homes across the UK

Ontario Teachers’ Pension Plan Board (‘Ontario Teachers’) has reached an agreement with Scotland-based energy provider SSE plc (‘SSE’) to acquire a 25% minority stake in its electricity transmission network business, SSEN Transmission, to provide clean, affordable renewable energy to millions of homes and businesses across the UK.
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Source: otpp.com

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