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Eagers Automotive Secures 65% Stake in CanadaOne Auto Group for C$2.145 Billion
9:25am on Wednesday 1st of October, 2025 AEST
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Automotive
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Eagers Automotive Secures 65% Stake in CanadaOne Auto Group for C$2.145 Billion
9:25am on Wednesday 1st of October, 2025 AEST
Key Points
Eagers to acquire 65% of CanadaOne Auto Group
Transaction valued at C$2.145 billion with share and cash consideration
Priestner Group retains 35% ownership post-acquisition
Closing expected in Q1 2026, subject to regulatory approvals
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