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BRITISH CAR AUCTIONS / HAVERSHAM HOLDINGS PLC / CLAYTON DUBILIER & RICE LLC / Acquisition / Private / £1270m

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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