Brief: Group 1 Automotive Acquires RRR Automotive Group

Group 1 Automotive

12/02/2024 23:12

Feb 12 (Reuters) - Group 1 Automotive Inc  GPI.N :
    * GROUP 1 AUTOMOTIVE ACQUIRES RRR AUTOMOTIVE GROUP
    * GROUP 1 AUTOMOTIVE INC - INCREASES 2024 ANNUAL DIVIDEND
RATE BY
4%
    * GROUP 1 AUTOMOTIVE INC - DISPOSED OF 10 FRANCHISES AND A
COLLISION CENTER IN BEAUMONT, TEXAS DURING Q1 OF 2024
    * GROUP 1 AUTOMOTIVE- DEAL INCLUDES TOYOTA, HONDA, HYUNDAI,
KIA
NEW VEHICLE DEALERSHIPS; ONE TOYOTA CERTIFIED PRE-OWNED CENTER; 
THREE COLLISION CENTERS
    * GROUP 1 AUTOMOTIVE INC - DEALERSHIPS ARE EXPECTED TO
GENERATE
OVER $500 MILLION IN ANNUAL REVENUES

Source text for Eikon:  ID:nPn7Pf2pXa 
Further company coverage:  GPI.N 

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