[ad_1] S hares in car dealership group Pendragon have slipped after a potential takeover offer was taken off the table. Hedin Mobility Group and PAG International confirmed that they do…
Tag: Pendragon
Lithia sweetens deal to buy Pendragons UK dealership business
[ad_1] U S firm Lithia has hiked its offer to buy rival Pendragon’s UK motor and leasing business. It comes amid a three-way bidding battle also involving US car retail…
Pendragon rejects new £391m bid by Sytner parent and Sweden’s Hedin
[ad_1] Pendragon has unanimously rejected an unsolicited proposal by Hedin Mobility and Penske two days after it declared it was selling its Evans Halshaw, prestige Stratstone dealerships and online CarStore business to…
Pendragon motor and leasing businesses to be sold to one of the largest automotive retailers in North America – East Midlands Business Link
[ad_1] Nottingham-based Pendragon and Lithia Motors, one of the largest automotive retailers in North America, have agreed the terms of a proposed sale by Pendragon Group Holdings Limited (PGHL) of…
Pendragon to sell UK car dealerships to US rival for £250m as it focusses on tech
[ad_1] C ar dealership firm Pendragon will sell its UK motor business, including brands such as CarStore and Stratsone, as it focuses on its dealership management technology instead. US giant…
Pendragon chair Filby to step down amid activist pressure
[ad_1] The former DFS boss Ian Filby is to step down as chair of the car dealership network after less than two years in the role, Sky News learns. By…
“Strong” first quarter for Pendragon – East Midlands Business Link
[ad_1] Car retailer Pendragon has delivered “a very strong performance across all divisions” in its first quarter, resulting in underlying profit before tax of £23m, an increase of £4.3m or 23%…