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OFT To Consult On Lookers Acquisition Of Shields Automotive

4th Sep 2013 11:17

LONDON (Alliance News) -The Office of Fair Trade (OFT) Wednesday said it is investigating whether Lookers Motor Group Ltd's acquisition of Shields Automotive Ltd had lessened competition within the car dealership sector.

The OFT said it is seeking written feedback by September 17.

Lookers shares were trading at 119.25 pence Wednesday afternoon, down 1.25 pence, or 1.0%

By Anthony Tshibangu; [email protected];

Copyright 2013 Alliance News Limited. All Rights Reserved.


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LOOK.L
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