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Maroc Maroc - PRIMEMOVERMAG.COM.AU - A La Une - 01/Oct 04:22

Eagers Automotive expands in Canada with $1B investment

Image: frank29052515/stock.adobe.comAustralia’s largest automotive retail group, Eagers Automotive, has entered into a definitive share purchase agreement with CanadaOne. Today Eagers announced it was looking to acquire a 65 per cent equity interest in the holding company of CanadaOne from entities associated with Founder Pat Priestner for AUD$1.043 billion. The acquisition consideration comprises a AUD$658 million cash […] The post Eagers Automotive expands in Canada with $1B investment appeared first on Prime Mover Magazine.

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