Alpha Auto Group affiliate Global Auto Holdings has completed its £504m deal to buy Lookers. The takeover of Lookers’ 147 retailers in the UK and Ireland formally closed last Friday. In its initial...

AUTONATION TO LAUNCH NEW BID FOR PENDRAGON? £504m LOOKERS ALPHA AUTO DEAL FINALISED GROUP 1 AUTOMOTIVE UK IN £61.3m PROFIT THOMPSON FIRST MG SUDDENLY CLOSES JOIN AUTO RETAIL LIVE NEW ENTRANTS 2023...

Lookers has reported a drop in underlying profitability and gross margins in the first half of 2023 following record figures for the past two years. The group’s underlying profit figure was down...

Canada’s Alpha Auto, through its UK entity Global Auto Holdings, has increased its takeover offer for Lookers to 130p a share. Global Auto Holdings, referred to as Bidco, has also announced that the...

FORMER VANTAGE CEO MARK ROBINSON TAKES STAKE IN TECH BUSINESS EV ‘NOT TO BLAME’ FOR HUGE INCHCAPE JLR PRESTON FIRE LOTUS PICCADILLY OPENS THIS WEEK TOM KILROY, JAMES SMULLEN AND CHARLOTTE MURRAY...

Constellation, through its Cinch Holdco UK business, has withdrawn its support for the Alpha Auto’s bid for Lookers and now intends to vote against the deal. Lookers board has said it does not...

AGENCY ‘YET TO BE FULLY TESTED’ GROUP 1 RETURNS SKODA TO COLCHESTER VAN MOSSEL JACKSONS DEAL WORTH £13.5m AWARD-WINNING HEYCAR AD WINS AIDS RETAILER RETENTION SONIC IN Q2 USED CAR HIT J.D. POWER:...

Lookers looks set to be bought by Canada’s Alpha Auto Group, via a UK entity called Global Auto Holdings, in a £465m deal. The deal by the privately owned Canadian retailer network was first...