Alpha Auto Group/​Lookers: From Done Deal to Uncertain Situation
A puzzling situation: on the one hand, Cinch (19.5%) believes the offer undervalues Lookers, while another large shareholder, J O Hambro has...
445 Views
Hedin Group/​Pendragon: Closer To Clinch a Deal
On 20 November, the Daily Telegraph reported that Pendragon intends to back Hedin's 29p approach (4.2x EV/Fwd EBITDA). On 21 November, the Panel...
470 Views
Hedin Group/Pendragon: Fresh Takeover Approach
Hedin Mobility Group is trying again to bag Pendragon, one of the main auto retailers in a very fragmented UK market. The statements of both parts...
333 Views