Pendragon has launched an agreed takeover bid for Evans Halshaw. The deal values the Birmingham-based car dealer at £83.7m.
The takeover would create the UK’s largest motor retailer by turnover, according to Pendragon chief executive Trevor Finn.
Financial Times 24/12/98 page 16
The Times 24/12/98 page 23
The Independent 24/12/98 page 11
The Daily Telegraph 24/12/98 page 23