News and Announcements

Pinewood to acquire remaining Lithia joint venture stake

By Josh White

Date: Friday 06 Jun 2025

(Sharecast News) - Pinewood Technologies Group announced on Friday that it has agreed to acquire the 51% stake it does not already own in its North American joint venture from Lithia Motors for $76.5m, to be satisfied entirely in new shares.
The London-listed firm said the deal valued the joint venture...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page