Lets talk about TDR24 Apr 2022 14:50
As we all know by now TDR bought the 20% stake held by TB in about Jan this year, and we don't at this stage know what TDR are going to do about that holding.
But we do know that TDR is part of Constellation Auto group which also owns
Cinch, we buy any car, and BCA formerly known as British car Auctions.
we do know that Constellation group hold / want control over their businesses. so just how long will it be before TDR makes a full takeover offer for Lookers. Just like cazoo might make an offer for Pendragon.
So if TDR do make an offer for lookers what will they pay for control, £1.10-£1.30p? and with the SP still at about 80p they look like a sitting duck. any thoughts.?