Vertu Motors Takeover Rumours (VTU)

I wonder what it will take for VTU to close the gap on the analysts Target share price of c90p. Takeover noise seems to have quietened down for now, but it’s such a well run business that value will out in due course I’m sure! Just a matter of time

Expect takeover offer before then

Yup. And cinch will probably buy more at this level to help them with their takeover votes.

The message from their takeover of Marshall’s was that several manufacturers were not too happy. Toyota in particular who forced them to sell off all their Toyota/lexus sites.

https://www.am-online.com/dealer-management/dealer-profiles/stock-market-listed-car-dealer-groups-are-becoming-an-endangered-speciesSecond half of this article speculates on possible Vertu takeover…Interesting..