Canada's Alpha Auto will pay Lookers shareholders 120 pence in cash for each share of the nearly century-old dealership group. The agreement values Lookers at 465.4 million pounds (about $588 million).
London’s stocks closed in negative territory on Tuesday, as investors weighed the implications of the latest policy announcement from China, along with newly released UK grocery price data.
London close: Stocks weaker ahead of BoE rate decision lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.