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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

Copyright 2021 Alliance News Limited. All Rights Reserved.

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15 Sep 2021 21:25

IN BRIEF: Cambria Automobiles applies to cancel shares on AIM

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14 Sep 2021 19:38

IN BRIEF: Cambria Automobiles takeover by Bidco now unconditional

IN BRIEF: Cambria Automobiles takeover by Bidco now unconditional

13 Sep 2021 19:30

IN BRIEF: Cambria suitor gains 76% in acceptances for acquisition

IN BRIEF: Cambria suitor gains 76% in acceptances for acquisition

27 Aug 2021 16:25

REPEAT: Cambria Automobiles warns inventory significantly down

REPEAT: Cambria Automobiles warns inventory significantly down

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