MMH board recommends Constellation offer
The offer is conditional on Bidco, Constellation’s acquisition vehicle, receiving more than 50% of Marshall Motor Holdings’ voting rights and gaining regulatory approval from the FCA.
The offer is conditional on Bidco, Constellation’s acquisition vehicle, receiving more than 50% of Marshall Motor Holdings’ voting rights and gaining regulatory approval from the FCA.
A statement issued via the London Stock Exchange said that Constellation’s board reported that its wholly owned subsidiary, CAG Vega 2, would seek to buy all the shared at 400p a share valuing MMH’s holding at approximately £322.9m.
New consumer research from JudgeService shows how 80% are prepared to travel up to 29 miles to visit a dealership, compared to just 19 miles in 2017. Similarly, 90% of dealer customers used to come from within 33 miles, but now they come from within 50 miles.
Cinch branding appears in premium positions on the Club’s famous Black, Green and Gold playing strip – across the rear of the shirt and shorts for both home and away kits. cinch will also enjoy a significant matchday presence at Franklin’s Gardens, with the South Stand being renamed the ‘cinch Stand’.