FCA PLEDGES TO CUT RED TAPE CAZOO: ‘AGGRESSIVE EXPANSION’ A FACTOR IN FAILURE LITHIA UPS STAKE IN PINEWOOD MOTORCYCLE RETAILERS DISSATISFIED, NMDA SURVEY REVEALS LITHIA Q2 RECORD REVENUE BUT...
Read moreUS dealer group Lithia has significantly upped its offer for Pendragon. Lithia, one of the three groups bidding for Pendragon, has increased its total offer to £397 million, up from the original...
Read moreAutoNation, one of America’s largest retail groups, has joined the race to takeover Pendragon with a 32 pence-a-share offer which matches the current bid from the combined forces of Hedin Mobility...
Read moreHedin Mobility Group and Sytner owner Penske have increased their offer for Pendragon to 32 pence a share in a bid to stop the takeover by US firm Lithia which owns Jardine Motors. The move comes two...
Read moreA second offer in three days for Pendragon has sent shares in the business up more than 12% and raised the prospect of a bidding war for the dealer group. The new offer of 28 pence a share for the...
Read moreUS group Lithia has agreed to buy Pendragon’s UK auto retail and leasing operations, including the Evans Halshaw and Stratstone divisions, for £280 million. Under the agreement, the Pendragon PLC...
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