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BRIEF-Automotive Holdings reaches agreement to acquire Ford and Mitsubishi dealerships near Melbourne
April 11, 2017 / 1:16 AM / 8 months ago

BRIEF-Automotive Holdings reaches agreement to acquire Ford and Mitsubishi dealerships near Melbourne

April 11 (Reuters) - Automotive Holdings Group Ltd

* acquires melbourne dealerships

* Existing dealerships are expected to be immediately earnings accretive

* reached agreement in principle to acquire Ford and Mitsubishi dealerships at essendon fields automotive precinct near melbourne.

* Essendon Ford and Mitsubishi acquisition involves a total consideration of $8.5 million for goodwill, plus stock and assets at valuation Source text for Eikon: Further company coverage:

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