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IN BRIEF: Cambria recommends shareholders vote in favour of takeover

Wed, 23rd Jun 2021 20:45

Cambria Automobiles PLC - franchised motor retailer - Says Independent Committee recommend unanimously that shareholders vote in favour of the takeover offer from Cambria Bidco Ltd. If the acquisition becomes effective, it is anticipated that dealings in Cambria shares will be suspended on July 28 and will be cancelled from admission to trading on AIM on July 29.

Current stock price: 77.00 pence

Year-to-date change: up 32%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

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Cambria Autombiles Profit Up, Keeps Dividend As It Seeks Acquisitions

LONDON (Alliance News) - Car dealership Cambria Automobiles PLC Tuesday reported higher profit and revenue for the first half of its financial year, as growth in new car sales outperformed the broader market and sales of used cars also rose strongly, and said it was looking to further expand the

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