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.