Tag Archives: acquisition

BCA set for £1bn takeover

Europe’s largest second-hand vehicle auctioneer, British Car Auctions, is expected to be sold for more than £1bn to a City of London consortium. British Car Auctions is in advanced talks with Haversham Holdings — a listed consortium that is led by former Stobart Group chairwoman Avril Palmer-Baunack. It includes some of the City’s biggest investors, among them Invesco, Aviva Investors, […]

Quindell purchases final Navseeker shares

Quindell has today acquired the remaining 8.33% of Navseeker, through the purchase of 832,000 ordinary shares. On 5 March 2015, Quindell announced the settlement of litigation and the associated acquisition of 11.67% of Navseeker not already held by the company. As part of the process to achieve full ownership of Navseeker, the company announced that it has today issued 832,946 […]

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