Penske Corp. agreed to acquire Penske Automotive Group, according to source material published on November 6, 2026. The reported purchase consideration is $3,900,000,000. The reported stake is 27.8%. This summary is limited to the approved transaction facts in the cited source evidence.
Penske Corp. agreed to acquire Penske Automotive Group
Penske Corp. agreed to acquire Penske Automotive Group
AcquisitionUSD3,900,000,000RetailUS
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Acquired
Penske Automotive Group
United StatesRetail
Deal value
USD3,900,000,000
November 6, 2026
Acquirer
Penske Corporation
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