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.
Source: am-online.com
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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”.
Source: am-online.com
Pendragon's £33m profits deliver 'good momentum' ahead of H2's challenges
Pendragon chief executive Bill Berman has said that an anticipated £33 million underlying first-half pre-tax profit will give the car retail PLC “good momentum” for H2 2022.
Source: am-online.com
Pendragon launches CarStore used car sites at 10 Morrisons and Homebase stores
Pendragon has broadened the footprint of its Sell Your Car and Click and Collect used car retail services with the opening of 10 Carstore Direct sites at Morrisons and Homebase stores across the UK.
Source: am-online.com
Pendragon shareholders vote 65% against leadership bonuses
Pendragon has vowed to formulate new remuneration policy after its shareholders voted 65.5% against its plan to hand over multi-million bonuses to its leadership team.
Source: am-online.com