26th Nov 2021 18:15
Marshall Motor Holdings PLC - Cambridge-based automotive retailer - Confirms that Marshall of Cambridge Holdings Ltd, which holds a 64% interest in Marshall Motor, is considering a possible sale of its entire stake in the company following a strategic review of Marshall of Cambridge's business interests.
Marshall Motor has taken no action to contact any potential suitors, but it has received a request from Constellation Automotive Group - the owner of BCA Marketplace - to take part should a sale process be initiated.
Marshall Motor said that there is no certainty that any formal offer for the company will be made.
Current stock price: 274.00 pence, down 3.2% on Friday
Year-to-date change: up 95%
By Dayo Laniyan; [email protected]
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