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IN BRIEF: Vertu Confirms It Is In Discussions To Buy BMW Dealerships

15th Oct 2020 19:16

Vertu Motors PLC- used car dealer - Confirms press speculation it is in discussions with a number of parties concerning the acquisition of a number of dealerships, including a small number of BMW dealerships. Any acquisitions would be funded from existing resources, Vertu added. Also notes talks are ongoing and there can be no certainty as to the outcome of the discussions.

Current stock price: 30.0 pence

Year-to-date change: down 20%

By Paul McGowan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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