Announced
Completed
Financials
Sources
Tags
cars
auction
vehicle
Specialty Retailers
United Kingdom
Private
Acquisition
Completed
Friendly
Single Bidder
Private Equity
Synopsis
Haversham Holdings plc, UK investment management company acquired British Car Auctions, local car auctioneers, from Clayton Dubilier & Rice LLC, US private equity investment firm.The consideration is Stg1.27bn ($1.89bn) consisting of Stg711.2m in cash, Stg104.3 in shares and Stg453.2 paid to lenders in cash.
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