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USA’s Lithia Motors to buy Pendragon in £250m deal to become UK’s 2nd biggest dealer group

USA’s Lithia Motors to buy Pendragon in £250m deal to become UK’s 2nd biggest dealer group

US-based Lithia Motors could be set to take over Pendragon’s dealership and leasing businesses in a £250 million deal which would leave Pinewood, Pendragon’s software division, behind as a standalone entity retaining Pendragon’s stock market listing.For Feedback & Comments, please write to us on hello@newswire.ae

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