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Penske, Mitsui make $3.8 billion offer to take auto retailer Penske Automotive private

World 1 source 1 country 🔦 Under-reported 41m ago

Penske and Mitsui have submitted a 3.8 billion dollar buyout offer to take auto retailer Penske Automotive private. The proposed transaction involves the acquisition of the automotive retailer by the two entities.

Further details regarding the structure of the deal or the timeline for its completion were not provided in the available reports.

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Read the full story at the source Channel NewsAsia · SG
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