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Evening Standard
Evening Standard
Business
Michael Hunter

Transatlantic £464 million bid for Lookers stokes hope for City dealmaking revival

A transatlantic bid for London-listed car dealership lookers breathed new life into London’s lacklustre dealmaking scene today.

The £464 million swoop for the 150-forecourt stock market stalwart came from Canada’s Alpha Auto Group and was backed by Lookers board, which called it “fair and reasonable”.

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