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Lookers sells three Honda dealerships

25 January 2016 07:22

Car dealer Lookers has completed a transaction with Vertu Motors plc for the sale of three Honda dealerships in Derby, Nottingham and Stockton-On-Tees.

The rationale for the sale is that Vertu already operate Honda dealerships in contiguous territories to these businesses.

The sale proceeds of the transaction were approximately GBP2.0m, received in cash.

Story provided by StockMarketWire.com

Related Company: LOOK

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