Penske Automotive to Acquire Commercial Vehicle and Parts Distributor for Approximately $200M
July 28, 2013 at 18:20 PM EDT
Penske Automotive Group, Inc. (NYSE: PAG ), an international automotive retailer, today announced that it has signed an agreement to acquire a distributor of commercial vehicles, related spare parts and aftermarket support across Australia and New Zealand and portions of Southeast Asia from Transpacific Industries Group Limited. The business
