Extension granted over potential £400m takeover of Notts company

One of Nottinghamshire's biggest companies has revealed its Swedish suitor has been handed an extension over its potential £400 million takeover move.

The group, owned by Anders Hedin, has a 27.5% stake in the car dealership and is its biggest shareholder. Hedin Group is a major retailer of vehicles in several European countries including Sweden, Germany, and the Netherlands and it operates 240 dealerships, Pendragon said it would consider the preliminary proposal as Hedin was handed a deadline of October 24 to submit a formal offer or walk away.

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Car crash interview shows BBC 'peddling company line' on Royal Mail strikesThe BBC has been criticised by a trade union for 'peddling the company line' during an interview on potential strike action by workers in the Royal Mail CWUnews Typical BBC pish poor interview 😳😳😳 CWUnews SHAME ON THE BBC FOR ONLY REPORTING PROPAGANDA AND NOT FACTS , ONCE AGAIN WHEN UNIONS OR ANY WORKERS HAVE A DISPUTE THE BBC PAINT IT AS THEY ARE BEING UNREASONABLE NOTHING MORE THAN A TORY PROPGANDA CHANNEL Clueless bbc. Earn your money (and there is lots of it) and do your research
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