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* Shares of Penske Automotive Group up ~8% at $211.23 premarket * Co says it agrees to be taken private by its largest shareholders, Penske Corp and Japan's Mitsui, in a deal valuing the company at about $16.3 billion, including debt * PAG says the $212 per share purchase price represents an 8.6% premium to its July 21
Penske Automotive Group agreed to be taken private by Penske Corp. and Mitsui & Co., its largest investors, for about $4 billion.
Penske Automotive Group said it agreed to be taken private by its largest shareholders, Penske Corp and Japan's Mitsui. The deal values the auto retailer at about $16.3 billion, including debt.
Penske Automotive Group announced an agreement to be taken private by Penske Corp and Mitsui & Co.