Inchcape invites suitors to drive away with UK arm
Inchcape, the London-listed car dealer led by Duncan Tait, the former Fujitsu UK boss, is exploring a possible sale of its UK retail business
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Inchcape, the London-listed car dealer led by Duncan Tait, the former Fujitsu UK boss, is exploring a possible sale of its UK retail business
The company said that it has had "approaches from a number of interested parties," and is reviewing its options, one of which could be a sale
The AM100 dealer group Inchcape Retail UK is up for a takeover.
Inchcape confirmed on Monday that it is reviewing strategic options for its UK retail business, which could potentially include a sale, following approaches from a number of interested parties.
Inchcape is working with bankers at Rothschild on the sale of its UK dealerships network, which comprises 70 sites and employs 3,700 people, Sky News learns.