Equities

LOOK

GB00B17MMZ46

Auto Vehicles, Parts & Service Retailers

Market Closed - London S.E. Other stock markets 02:30:00 2023-10-06 am EDT			5-day change	1st Jan Change
129.8 ^GBX	-.--%		-.--%	-.--%

2023	Car Dealership Chain Lookers Delists from London Bourse	MT
2023	Global Auto Completes Acquisition of Britain's Lookers	MT

91% of Lookers shareholders approve Global Auto takeover

September 05, 2023 at 12:22 pm EDT

Lookers PLC - Manchester-based car sales and service chain - Shareholders vote 91% in favour of Global Auto Holdings Ltd takeover at court and general meetings on Tuesday. Accordingly, the takeover scheme is approved. Global Auto is the bidding vehicle of Alpha Auto Group Holdings LP, a Toronto-based operator of auto retail dealerships across North America. It is offering 130 pence per Lookers share in cash. A previous offer of 120p had failed. Says the offer remains subject to the satisfaction or waiver of other conditions. Currently expects the scheme will become effective early in the fourth quarter of 2023.

Current stock price: 129.00 pence, up 0.3%

12-month change: up 64%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	LOOKERS	129.8 GBX	-.--%	-.--%	627M
	SU GROUP HOLDINGS LIMITED	2.12 USD	-1.85%	+8.72%	28.09M

Latest news about LOOKERS

Car Dealership Chain Lookers Delists from London Bourse	23-10-09	MT
Global Auto Completes Acquisition of Britain's Lookers	23-10-06	MT
Lookers plc(LSE:LOOK) dropped from FTSE All-Share Index	23-10-06	CI
Lookers plc(LSE:LOOK) dropped from S&P Global BMI Index	23-10-06	CI
Impero Jersey Corp Ltd completed the acquisition of Lookers plc from J O Hambro Capital Management Limited, Artemis Investment Management LLP, Schroder Investment Management Limited, Cinch Holdco Uk Limited, Constellation Automotive Holdings Limited and others.	23-10-05	CI
Lookers says High Court sanctions takeover scheme	23-10-04	AN
UK Court Clears Global Auto’s Purchase of Lookers	23-10-04	MT
British Financial Watchdog OKs Scheme of Arrangement for Lookers-Global Auto Deal	23-09-18	MT
UK Financial Conduct Authority approves Lookers takeover	23-09-15	AN
91% of Lookers shareholders approve Global Auto takeover	23-09-05	AN
FTSE 100 Closes Higher, Breaking Seven-Day Losing Streak	23-08-22	DJ
FTSE 100 Rises in Early Trade; Miners Gain	23-08-22	DJ
Lookers reaffirms support for takeover by Canadian peer amid interims	23-08-22	AN
UK Public Finances Beat Forecasts, But There's Still Little Fiscal Room	23-08-22	DJ
London Stocks Seen Opening Higher	23-08-22	DJ
UK car dealership Lookers says first-half trading resilient	23-08-22	RE
Lookers Posts Lower H1 Attributable Profit; Revenue Grows	23-08-22	MT
Earnings Flash (LOOK.L) LOOKERS Reports H1 Revenue GBP2.42B	23-08-22	MT
Earnings Flash (LOOK.L) LOOKERS Posts H1 EPS GBX7.92	23-08-22	MT
Lookers plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-22	CI
Stocks to rise as mood improves slightly	23-08-22	AN
FTSE 100 tips into red as housebuilders struggle	23-08-21	AN
Lookers plc Declares Interim Dividend for the Six Months Ended 30 June 2023, Payment Date Is 8 September 2023	23-08-17	CI
Vp PLC promotes CFO Anna Bielby to chief executive	23-08-11	AN
Global Auto to take over Lookers via scheme of arrangement	23-08-04	AN

Chart LOOKERS

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Company Profile

Lookers Ltd is a United Kingdom-based company. The Company engages in sales of new and used vehicles.

Sector

Auto Vehicles, Parts & Service Retailers

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