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Wednesday, 22 July 2026
Economy

Penske, Mitsui Offer to Take Penske Automotive Private

A $3.8 billion deal at $210 per share has been reported.

Talivio News · Global 1 min read
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Penske and Mitsui have made an offer to take Penske Automotive Group private, according to reports.

The offer is valued at $3.8 billion, or $210 per share, according to reports.

Ilse Marchetti

Economics Correspondent · Talivio News

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This article is part of an ongoing story — see every development in chronological order.

Sources

  1. channelnewsasia.com — Penske, Mitsui make $3.8 billion offer to take auto retailer Penske Automotive private (opens in a new window)
  2. investing.com — Penske, Mitsui bid $210 per share to take Penske Automotive Group private (opens in a new window)
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