Home Business NewsBusinessAutomotive News WeBuyAnyCar owner in £1.9bn takeover bid

WeBuyAnyCar owner in £1.9bn takeover bid

by LLB Reporter
20th Jun 19 3:02 pm

BCA Marketplace the owner of WeBuyAnyCar.com has confirmed a UK private equity giant has offered £1.9bn for a takeover bid.

After confirmation of advance talks with David Lloyd Leisure owner TDR Capital, shares in BCA surged to 22% at 237p on Thursday as discussions to buy BCA at 243p per share.

BCA said that if TDR Capital make a firm offer it will be unanimously recommended by the board their shareholders should accept the deal.

BCA added: “The new financial year has started well despite the continuing macro, UK-specific economic and political challenges.”

Leave a Comment

You may also like


Sign up to our daily news alerts

[ms-form id=1]