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US-based car retailer Lithia Motors linked with Pendragon takeover bid - Vimarsana News

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.

MARKET REPORT: Takeover snub revs up shares in car dealer Pendragon - Vimarsana News

MARKET REPORT: Takeover snub revs up shares in car dealer Pendragon

The takeover offer from an unnamed bidder was 29p per share, representing a 35 per cent premium to Thursday's closing price.

MARKET REPORT: Takeover snub revs up shares in car dealer Pendragon - Vimarsana News

MARKET REPORT: Takeover snub revs up shares in car dealer Pendragon

The takeover offer from an unnamed bidder was 29p per share, representing a 35 per cent premium to Thursday's closing price.

Major shareholder blocks £460m Pendragon takeover talks - Vimarsana News

Major shareholder blocks £460m Pendragon takeover talks

One of Pendragon’s five major shareholders has blocked a takeover bid launched for the AM100 car retail PLC by “a large international corporate”.

BYD to expand electric car range into Europe following Japan entrance - Vimarsana News

BYD to expand electric car range into Europe following Japan entrance

Chinese electric automaker BYD continues global expansion with Germany and Sweden now in its sights.