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BCAWed, 03rd Jul 2019 15:59
(Alliance News) - BCA Marketplace PLC said Wednesday that Invesco Ltd has reduced its stake in the company to around 16% from 20%.
In late June, the FTSE 250 car auction operator agreed to the terms of the GBP1.91 billion takeover by BBD Bidco, which is owned indirectly by funds managed by TDR.
BBD is offering 243p in cash for each BCA Marketplace share held, representing a premium of 25% to the closing price on June 19.
Shares in BCA Marketplace were up 1.2% at 246.80 pence on Wednesday.
(Alliance News) - Stock prices in London are set for a lower open on Wednesday as traders remain jittery ahead of the G20 summit later this week, which will include a meeting of the US and Chinese
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(Sharecast News) - Private equity firm TDR Capital confirmed on Wednesday that it has made a £1.9bn offer for car auctioneer BCA Marketplace, as the WeBuyAnyCar.com owner posted a jump in full-year revenue and profit.
Read more(Alliance News) - A trio of cautious central banks helped London stocks climb on Thursday, with the Bank of England the latest to chime in with a downbeat outlook. The BoE's comments came a US
Read more(Alliance News) - Share prices in London were higher on Thursday with central banks remaining in focus after the US Federal Reserve boosted stocks and knocked the dollar by matching the European a
Read more(Alliance News) - Share prices in London were higher on Wednesday with central banks remaining in focus after the US Federal Reserve boosted stocks and knocked the dollar by matching the European
Read more(Alliance News) - WeBuyAnyCar.com owner BCA Marketplace PLC on Thursday confirmed receiving a GBP1.91 billion cash takeover offer from UK private equity TDR Capital LLP.BCA, which buys and
Read more(Sharecast News) - Shares in BCA Marketplace rocketed on Thursday after it confirmed it is in advanced discussions with private equity firm TDR Capital about a possible cash offer for the company.
Read moreThursday 20 June N Brown GroupQ1 ResultsCaretech HoldingsHalf Year CarphoneFull
Read moreLONDON (Alliance News) - Over the past week, fund manager Neil Woodford's Woodford Investment Management has conducted a fire sale of its stakes in 20 London-listed companies - raising in of -
Read moreLONDON (Alliance News) - BCA Marketplace PLC on Thursday said its GBP500 million multi-currency financing facility will now run until February 2022.The used vehicle marketplace's GBP500
Read more(Sharecast News) - London's FTSE 250 was up 0.17% at 18,614.86 in afternoon trade on Thursday, as Sanne's recovery spearheaded the upward charge.
Read more(Sharecast News) - Sales of new cars fell in November, as supply constraints and faltering consumer confidence put the brakes on the industry.
Read moreLONDON (Alliance News) - WeBuyAnyCar parent BCA Marketplace PLC on Thursday said continued volume and price growth in its vehicle remarketing and buying units resulted in a 31% year-on-year rise
Read more(Sharecast News) - Increased sales and higher average prices helped drive car auctioneer BCA Marketplace's first-half pre-tax profits, the company said on Thursday.
Read moreFriday 23 November FutureFull Year ResultsPersonal Assets TrustHalf Year Year Year Smith
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