AHG automotive holdings group limited.
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April 5 (Reuters) - Australian automotive retailer AP Eagers...

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    05/04/19
    09:25
    Post #: 38007769

    April 5 (Reuters) - Australian automotive retailer AP Eagers Ltd (APE) on Friday made an all-stock offer to acquire smaller rival Automotive Holdings Group Ltd (AHG) that valued the company at A$635.3 million ($451.83 million).

    AP Eagers, which is Automotive Holdings' biggest shareholder, made an offer of 1 share of the company for every 3.8 Automotive shares owned.

    ($1 = 1.4061 Australian dollars)

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