Swedish car dealer abandons takeover bid for UK rival Pendragon
A Swedish car dealer and its American partner have abandoned its takeover bid for British rival Pendragon, sending its shares tumbling.
Source: yahoo.com
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Pendragon reveals profits leap amid three-way bidding battle
The car dealership said late on Tuesday that US car retail giant AutoNation has made a rival takeover proposal for the firm.
Source: lbc.co.uk
Pendragon: Car dealership's profits leap as it finds itself in three-way bidding war
Car dealership Pendragon has posted higher half-year profits as the group finds itself at the centre of a three-way takeover tussle.
Source: cityam.com
Hedin and Penske now raise their takeover after Pendragon shrug off
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.
Source: am-online.com
Pendragon shares surge after £250m sale of UK car dealerships agreed
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...
Source: jerseyeveningpost.com