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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Lookers Plc | LSE:LOOK | London | Ordinary Share | GB00B17MMZ46 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 129.80 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMLOOK
RNS Number : 4259O
Lookers PLC
04 November 2016
4 November 2016
Lookers plc
("Lookers", or "Company")
Sale of the Parts Division and acquisition of Warwick Holdings Limited
As previously announced on 9 August 2016, Lookers entered into a conditional agreement to sell its parts business to Alliance Automotive UK Ltd on a debt free and cash free basis, for a consideration of GBP120 million payable in cash on completion (the "Transaction").
The Company is pleased to announce that the Transaction completed on 4 November 2016.
As previously announced on 15 August 2016, Lookers entered into a conditional agreement to acquire Warwick Holdings Ltd, trading as Drayton Motor Group, for GBP55.4m in cash (the "Acquisition").
The Company is pleased to announce that the Acquisition completed on 4 November 2016.
<ends>
Enquiries:
Lookers Tel: 0161 291 0043 Andy Bruce, Chief Executive Robin Gregson, Finance Director Bell Pottinger Tel: 020 3772 2500 Nick Lambert Victoria Geoghegan Lucy Stewart
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCAKQDNABDDCDK
(END) Dow Jones Newswires
November 04, 2016 12:41 ET (16:41 GMT)
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