US-based car retailer Lithia Motors linked with Pendragon takeover bid
US-based Lithia Motors is said to have been identified as the “large international corporate” which launched a £460 million takeover bid of Pendragon.
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US-based Lithia Motors is said to have been identified as the “large international corporate” which launched a £460 million takeover bid of Pendragon.
The takeover offer from an unnamed bidder was 29p per share, representing a 35 per cent premium to Thursday's closing price.
The takeover offer from an unnamed bidder was 29p per share, representing a 35 per cent premium to Thursday's closing price.
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