Lookers PLC (LOOK.L)
23 Sep 2016
* Has acquired Knights North West Limited, for 27.2 mln stg in cash
LONDON, Aug 17 Lookers, which operates around 150 dealerships in Britain and Ireland, said on Wednesday the vote to leave the European Union has not had any major impact on sales of new and used cars.
* Has entered into a conditional agreement to acquire Warwick Holdings Ltd, trading as Drayton Group ("Drayton Group"), for 55.4 mln stg in cash
* To sell its parts business to alliance automotive uk ltd for a consideration of 120 mln stg
* Therefore believe that results for year ending 31 December 2016 should be in line with current market expectations