Penske Corporation and Mitsui agree to take Penske Automotive Group private at $212 a share →
Penske Automotive Group said a buyer owned by Penske Corporation and Mitsui & Co. will acquire the shares it does not already own for $212.00 a share in cash, in a deal that implies an enterprise value of about $16.3 billion and is expected to close in the first quarter of 2027.