The attempt to quit the public markets by Lookers has been revived after its leading shareholder backed an improved offer of £504 million from a Canadian ca
Global Auto Holdings, the owner of Canadian car dealership network Alpha Auto Group, has now put forward a 130 pence per share offer valuing the Altrincham-based business at £504million.
By Ian Walker Shares of Lookers PLC rose 26% on Thursday after Global Auto Holdings increased its offer for the London-listed auto retailer to 504.2 million.