Announced
Eagers Automotive to acquire CanadaOne Auto for A$1.043bn.
Synopsis
Eagers Automotive, a global automotive retail group, agreed to acquire CanadaOne Auto, a multi-location automobile dealership group, for A$1.043bn. "This partnership unites Eagers' global automotive retail expertise and capital strength with CanadaOne's award-winning operational excellence and deep local market relationships, creating one of the most dynamic growth platforms in the Canadian automotive sector," Pat Priestner, CanadaOne CEO.
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