Get all your news in one place.
100's of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Tom Pegden

European company bidding for Evans Halshaw dealer group now open to selling its stake – if right offer comes along

The European company bidding to buy the group behind the Evans Halshaw and Stratsone car dealerships said it could now be tempted to change course and sell its existing stake in the business – if the right offer came along.

Earlier this week it was revealed that Swedish car sales giant Hedin Mobility Group AB had made a £400 million bid for Nottingham-headquartered Pendragon Plc.

Hedin, which is a shareholder in Pendragon, said it was prepared to pay 29p a share for the £3.4 billion turnover British group.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.