PDG.L Share News (PDG)

Shares in Pendragon jump on takeover approach

(Sharecast News) - Shares in Pendragon motored ahead on Monday after the car dealership received a £406m takeover approach from its largest shareholder.

TOP NEWS: Pendragon considers unsolicited GBP405 million takeover bid

(Alliance News) - Pendragon PLC on Monday said that on September 21 it received an offer from Hedin Mobility Group AB for its entire issued share capital.

LONDON MARKET OPEN: Stumbling pound recovers from record low

(Alliance News) - European equities were mostly lower in early trade on Monday, though London's FTSE 100 index outperformed and there was some slight respite for the beleaguered pound.

LONDON BRIEFING: Unilever CEO to step down; RPS backs new takeover bid

(Alliance News) - All eyes will be on the pound when traders in Europe return to desks on Monday, after the UK currency fell to an all-time low during the Asian session.

Pendragon achieves rise in interim revenue and profit

(Alliance News) - Pendragon PLC on Wednesday reported a "strong" first half performance, citing higher gross profits in both new and used vehicles.

Pendragon first-half profits, revenue grow

(Sharecast News) - Car dealership Pendragon reported a rise in first-half pre-tax profit and revenues on Wednesday as it hailed an encouraging start to the year.

LONDON MARKET OPEN: FTSE 100 higher; Aveva rises on takeover offer

(Alliance News) - Stocks in London were trading broadly higher early Wednesday as investors looked ahead to a major interest rate decision later in the day by the US Federal Reserve.

LONDON BRIEFING: Flat call; Aveva gets offer from Schneider Electric

(Alliance News) - Stocks in London are set to open unchanged on Wednesday ahead the US Federal Reserve's interest rate decision later in the day and the Bank of England's decision on Thursday.

UK earnings, trading statements calendar - next 7 days

LONDON MARKET MIDDAY: Wait-and-see mode ahead of Jackson Hole

(Alliance News) - London stocks moved lower on Wednesday amid a dearth of corporate news and economic data to trade off, leaving investors bracing for remarks from the head of the US central bank at this week's annual Jackson Hole meeting.

PRESS: US firm Lithia Motors behind withdrawn bid for Pendragon

(Alliance News) - New York-listed US car dealership company Lithia Motors Inc on Friday was revealed as the company behind the last week's withdrawn takeover bid for Pendragon PLC, according to Sky News.

LONDON MARKET MIDDAY: Markets subdued ahead of US jobs report

(Alliance News) - London's FTSE 100 index struggled to make headway on Friday, not helped by a weaker Brent price hitting oil majors, as investors shied away from big moves in the run-up to the latest US jobs report.

SMALL-CAP WINNERS & LOSERS: M&A lifts Pendragon; Capita profit wiped

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

Pendragon shares jump as mystery GBP405 million takeover bid withdrawn

(Alliance News) - Pendragon PLC on Friday said a "large international corporate" bidder for the car dealership chain has decided against pursuing takeover talks, following "a period of due diligence".

UK's Pendragon ends buyout talks but takeover interest lifts shares

Aug 5 (Reuters) - Car dealer Pendragon said on Friday talks over a potential takeover of the company were terminated after an unnamed bidder withdrew its interest, as one of the company's five major shareholders would not participate.