By: Benzinga
Group 1 Automotive to Acquire Dealer Group In Brazil
Group 1 Automotive (NYSE: GPI ) today announced that it has entered into a definitive agreement to purchase 100 percent of the outstanding shares of UAB Motors Participacoes S.A., one of Brazil's largest automotive retailers, for approximately $47.4 million cash, 1.45 million shares of Group 1 common stock and
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