Penske Automotive agrees to be taken private by Penske, Mitsui
Penske Automotive will be taken private by its two largest shareholders at a value of $16.3 billion, the company announced Thursday.
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Penske Automotive Agrees to $16.3B Take-Private Deal
Penske Automotive Group agreed to be taken private by Penske Corporation and Mitsui & Co. in a deal valuing the company at approximately $16.3 billion. Its shares rose around 8% in premarket trading.
BUZZ — Penske Automotive rises after agreeing to be taken private by Penske, Mitsui
* 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 Agrees to $4 Billion Take-Private Deal
Penske Automotive Group agreed to be taken private by Penske Corp. and Mitsui & Co., its largest investors, for about $4 billion.
Penske Automotive Agrees to $16.3 Billion Take-Private Deal
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 Agrees to Be Taken Private
Penske Automotive Group announced an agreement to be taken private by Penske Corp and Mitsui & Co.