Tag: Alpha Auto

Comments Off on ALPHA AUTO INCREASES LOOKERS TAKEOVER OFFER

ALPHA AUTO INCREASES LOOKERS TAKEOVER OFFER

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 increased offer will switch to a takeover offer for Lookers. Today’s takeover offer differs from the original scheme offer in the way voting for […]

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Comments Off on Lookers to be bought by Canada’s Alpha Auto

Lookers to be bought by Canada’s Alpha Auto

Lookers is 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 announced by Sky News and has been confirmed this morning. It is an all-cash offer for Lookers by the bidding vehicle […]

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