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Displayed results 1-10 out of 25
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Inchcape expands further in high growth Russian market
24 April 2008
Inchcape plc (“Inchcape” or the “Group”), the world's leading car retailer,
today announces its acquisition of an initial 75.1 per cent. shareholding in Musa Motors Group (“Musa Motors Group” or “Musa Motors”), a top ten car retailer in Russia and a top 3 retailer of premium brands with a strong customer focus. Its portfolio includes BMW, MINI, Jaguar, Land Rover, Volvo, Chrysler, Jeep, Dodge, Rolls-Royce and Renault. The initial consideration is $200.0m (£100.3m) for 75.1 per cent., with additional potential consideration payable based on Musa Motors performance in 2008, which will be funded from the Group’s existing financial resources. This transaction, once completed, will significantly increase the scale of Inchcape’s Russian operations and provide a strong platform for the Group’s growth strategy in Russia. -
Appointment of Non-executive Director
25 March 2008
Inchcape plc ('Inchcape' or 'the Group'), the world's leading car retailer, is pleased to announce the appointment of Graham Pimlott to the Board as a Non-executive Director, from 25 March 2008.
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Inchcape Acquires Remaining 24.9% Stake in its St Petersburg Business in Continued Expansion Into Russia
25 March 2008
Inchcape plc (’Inchcape’ or the ‘Group’), the world’s leading car retailer, today announces that is has purchased the remaining 24.9% stake in its St Petersburg business from its joint venture partner, Olimp Group, for a total cash consideration of $54.8 million, (£27.7 million) from existing facilities.
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2007 Preliminary Results
26 February 2008
Investments in Emerging Markets and a robust business model
deliver record results in 2007 -
Further progress in UK disposal programme
10 January 2008
Inchcape plc (’Inchcape’ or ‘the Group’), the world’s leading car retailer,
announces that, in accordance with its stated strategy to dispose of certain non-core UK assets, it has sold all of its five UK Vauxhall retail outlets to Eden (GM) Limited for a total consideration of £14.3m. -
Pre-close Trading Statement
18 December 2007
Inchcape plc (‘Inchcape’ or ‘the Group’), the world’s leading car retailer, today provides a pre-close trading update for the year ending 31 December 2007.
The trading performance of the Group overall continues to be in line with expectations. -
Third quarter trading update
23 October 2007
Inchcape plc, the world’s leading car retailer, today provides a third quarter trading update.
The trading performance of the Group continues to be in line with expectations. -
Inchcape announces global partnership with SAP to develop leading-edge, world-class retail systems
18 October 2007
Inchcape plc, the world's leading car retailer, today announced that it has signed an agreement with SAP AG, the world’s leading provider of business software, to design and roll out a leading-edge software solution to help deliver Inchcape’s vision of becoming the world’s most customer-centric automotive retail group.
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Inchcape continues expansion in high growth Russian market
04 October 2007
Inchcape continues Expansion in High Growth Russian Market
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Inchcape Customer Experience retail operating system wins Microsoft Award for Innovation
25 September 2007
Inchcape plc, the world’s leading car retailer, is delighted to announce that its on-line retail operating system for tracking its customer-centric performance across the 26 countries in which it operates, has won the global Microsoft Technology Innovation Partner of the Year award in Data Management / Business Intelligence Solutions.
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