Dealership group Lookers has said that
Trefick Ltd, a private equity group, has acquired a 21 per
cent stake – 38,711,800 ordinary shares of 5p each – in the car
retail chain.
Trefick Ltd, a private equity group, has acquired a 21 per
cent stake – 38,711,800 ordinary shares of 5p each – in the car
retail chain.
The shares are voting shares – “one vote one
share”, Lookers said, in a statement to the stock exchange.
share”, Lookers said, in a statement to the stock exchange.
Trefick Ltd is owned by Jack Petchey, a
familiar name in motor retail, who has also built a substantial
holding in Lookers’ rival, Pendragon.
familiar name in motor retail, who has also built a substantial
holding in Lookers’ rival, Pendragon.
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