Australia's Peter Warren Automotive gains on Wakeling Automotive acquisition

Peter Warren Automotive Holdings

18/12/2025 23:47

** Shares of Peter Warren Automotive Holdings PWR.AX rise as much as 8.9% to A$1.90, their highest level since November 24

** Marks biggest intraday pct rise since November 11

** Automotive dealership firm acquires Wakeling Automotive for A$28 million ($18.51 million)

**  Wakeling represents 16 brands at 30 dealerships

** About 216,000 shares change hands, 2.2 times the 30-day avg

** Stock is up 26.3% YTD, including the session's moves

($1 = 1.5124 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com; ))