Europcar Rejects Takeover Bid From Volkswagen -Bloomberg
June 23 2021 - 11:52AM
Dow Jones News
-- Paris-listed car-rental company Europcar Mobility Group SA
has rejected a takeover bid from Volkswagen AG, Bloomberg reports
citing people with knowledge of the matter.
-- A consortium led by the German carmaker made an offer of
about 44 European cents ($0.53) per share valuing Europcar at about
EUR2.2 billion, Bloomberg reports, saying Europcar considers the
proposal as too low.
-- Europcar and Volkswagen didn't immediately respond to
requests for comment.
Full story: https://bloom.bg/35LWkdv
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(END) Dow Jones Newswires
June 23, 2021 11:39 ET (15:39 GMT)
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