US Group Lithia Confirms Bid for Jardine Motors
US retail group Lithia Motors is in negotiations to buy Jardine Motors, according to Auto Retail Agenda sources. The deal is understood to be worth £300 million to the UK firm’s parent Jardine Matheson, according to Sky News. Confirming the negotiations, a spokesperson for Lithia said: “Lithia has a stated desire to expand into the […]
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