Pendragon to sell UK motor, leasing businesses to Lithia for $310 mln

Lithia Motors

18/09/2023 07:10

Sept 18 (Reuters) - British automotive retailer
Pendragon  PDG.L  said on Monday it would sell its entire UK
motor and leasing businesses to Lithia UK Holding for a gross
aggregate consideration of 250 million pounds ($310 million).   
    
($1 = 0.8065 pounds)

 (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by
Subhranshu Sahu)
 ((abyjose.koilparambil@thomsonreuters.com; +919986528692))