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U.K. dealer group Lookers nears $636M takeover deal from Canada's Alpha

Lookers dealership web.jpg
Lookers, which was founded in 1910 and employs more than 6,500 people across the U.K. and Ireland, said it expects the acquisition to close early in the fourth quarter of 2023. (Lookers)
AN
By:
Automotive News Canada
September 05, 2023 05:11 PM

Canada’s Alpha Auto Group is a step closer to finalizing its acquisition of Lookers, as shareholders of the publicly traded U.K. dealership group signed off Sept. 5 on the approximately $636.6-million deal.

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