Lookers to engage with shareholders after Cinch opposes Global Auto Holdings deal
20/07/2023 07:40
July 20 (Reuters) - UK's Lookers LOOK.L said on
Thursday it was re-engaging with some shareholders about the
chances of the proposed 465.4 million pound ($601.3 million)
acquisition of the car dealership chain by Global Auto Holdings
going ahead after shareholder Cinch Holdco UK revealed its
intention to vote against the deal.
($1 = 0.7739 pounds)
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by
Dhanya Ann Thoppil)
((abyjose.koilparambil@thomsonreuters.com; +917483275231;))