The group behind the Evans Halshaw and Stratstone dealerships has extended its “put-up or shut-up deadline” to a Swedish business behind a £400 million bid for it.
The Swedish Hedin Mobility Group AB had been given until today (November 21) to say if it was going ahead with its offer for Nottingham-based Pendragon group.
A new deadline of 5pm on December 9 has now been set with Hedin’s due diligence “now substantially complete”.
