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Lookers takeover by Canada car dealer fails as largest holder reverses | Finance News

Lookers takeover by Canada car dealer fails as largest holder reverses | Finance News
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Lookers takeover deal acceptances slightly fall to 34.4%

Lookers PLC - Altrincham, England-based car dealership chain - Global Auto Holdings Ltd takeover offer for Lookers now has 34.4% acceptances, down from 34.5%. Reduced number of acceptances is due to. ....

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Price tag: Alpha Auto paying about $588M for Lookers

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). ....

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Global Auto says Lookers bid has 40% shareholder support

Lookers PLC - Altrincham, England-based car dealership chain - Global Auto Holdings Ltd says Lookers bid has support of around 40% of shareholders.

On Tuesday, Lookers said it has agreed to be bought out by the Canadian motor dealer in a GBP465 million. ....

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