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IN BRIEF: Cambria Automobiles takeover offer gets extended

Mon, 06th Sep 2021 18:06

Cambria Automobiles PLC - franchised motor retailer - Says just under 75% of shareholders accept takeover offer from Cambria Bidco Ltd. As such, Bidco requires acceptances of the offer in relation to a further 241,141 Cambria shares, so that the aggregate acceptances "would be no less than" 75% of Cambria's issued share capital. This would enable Bidco's offer to become or be declared unconditional in all respects. Offer will remain open for acceptance until 1300 BST on Friday.

Current stock price: 81.51 pence

Year-to-date change: up 41%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

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