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Australia's AP Eagers to acquire Crampton Automotive for $20 million

( January 19, 2016, 06:55 GMT | Official Statement) -- MLex Summary: AP Eagers Limited, Australia's oldest listed automotive retail group, has agreed to acquire the automotive retail businesses of Crampton Automotive Group, which represents the Mercedes-Benz, Hyundai, Peugeot, Citroen, Performax, HSV and Holden brands, for a total estimated consideration of A$30 million ($20 million), excluding vehicle inventory. The transaction is expected to be completed at the end of June.   The company's statement is attached. ...

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