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Pendragon PLC on Monday extended its put up or shut up deadline for Hedin Mobility Group AB's proposed takeover as a newspaper report suggested the deal is as good as complete. Shares in Pendragon... | November 21, 2022
Hedin Group’s ‘put-up or shut-up’ deadline for a takeover offer for Pendragon PLC has been extended to December 9.
The £400m take-private deal could be announced as early as Monday
Hedin US Motor AB, a subsidiary of Hedin Mobility Group, will import the
Swedish car retailer Hedin Group has tabled its second takeover bid for Pendragon in six months – this time “highly conditional” 29p per share offer.