share prices
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Car Dealer News 14 Oct'Caged tiger' Marshall CEO emerged from COVID isolation to complete Motorline deal
Marshall Motor Group chief executive Daksh Gupta was described as a “caged tiger” after COVID-19 isolation kept him locked away ahead of completion of today’s Motorline acquisition.
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Car Dealer News 6 SepCambria takeover deadline extended as shareholders stall deal
The deadline for the takeover of Cambria Automobiles by chief executive Mark Lavery has been extended by a week after shareholders held-back from accepting the terms of his £82.5 million offer.
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Car Dealer News 18 AugCambria £82.5m takeover: CEO dismisses US investors’ ‘poor deal’ allegations
Cambria Automobiles chief executive Mark Lavery has dismissed angry US-based shareholders’ allegations that his £82.5 million takeover bid for the car retail PLC is akin to “stealing”.
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Car Dealer News 30 Jul
Improved £82.5m offer tabled in Cambria CEO's takeover bid
Cambria Automobiles chief executive Mark Lavery has agreed an improved management buy-out offer of £82.5 million with the AM100 PLC’s board or directors.
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Car Dealer News 29 JunShareholder Hedin openly blasts Pendragon CEO Bill Berman’s bonuses
Major Pendragon shareholder Anders Hedin has once again questioned bonus payments to CEO Bill Berman in an open letter to the AM100 PLC’s other investors.
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Car Dealer News 24 Jun
Timeframe settled for Cambria CEO Mark Lavery’s proposed £80m MBO
Cambria Automobiles could be trading as a private company by July 29 after a timeframe for the proposed management buy-out by chief executive Mark Lavery was decided this week.
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Car Dealer News 22 Mar
Cambria Automobiles CEO leads MBO bid for AM100 car retail PLC
Cambria Automobiles chief executive Mark Lavery, finance director James Mullins and managing director Tim Duckers are exploring the possibility of a management buy-out of the AM100 PLC.
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Car Dealer News 18 MarLookers PLC to defy analysts with ‘small profit’ in 2020 financial results
Lookers has said that it expects to deliver a “small profit” and reduced debt in its 2020 annual financial results – defying analysts’ loss predictions.
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Manufacturer 11 JunTesla becomes 'world's most valuable car manufacturer' amid share price surge
A surge in Tesla share prices has propelled the electric vehicle (EV) brand to become the world’s most valuable car manufacturer.
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Manufacturer 26 SepAston Martin’s £120m bonds deal an ‘all or nothing rescue attempt’
Aston Martin’s decision to raise £120m in senior secured bonds in a move which will see it paying 12% interest has been described as an “all-or-nothing rescue attempt” by the Financial Times.
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Car Dealer News 10 SepPendragon business restructure could include 1,300 redundancies
Pendragon could be poised to make 1,300 redendancies as part of a business restructure designed to stem its faltering financial performance.
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Latest News 6 SepMotorpoint founder's 11m shares sale sparks 15% value slump
Motorpoint’s share value slumped by over 15% after the car supermarket’s founder David Shelby sold 11 million shares “in connection with divorce proceedings”.
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Car Dealer News 25 JunStock Exchange reacts to FCA investigation of Lookers’ sales processes
Lookers has said that it is “cooperating fully” with the Financial Conduct Authority (FCA) as the regulator announced that it was commencing an investigation into the car retail group’s sales process.
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