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Cambria Automobiles mulls possible management buyout offer

StockMarketWire.com

Motor retail company Cambria Automobiles said that it was mulling a possible management buyout for the company at a price of 80 pence per share.

The company had consented to plans from Mark Lavery, James Mullins and Tim Duckers - the management team - related to the possible acquisition the company's shares, not already owned by them.

'There can be no certainty that an offer will be made. A further announcement will be made when appropriate,' it added.



At 8:00am: (LON:CAMB) Cambria Automobiles PLC share price was 0p at 58p


Story provided by StockMarketWire.com