Mitsui, Penske Corp submit proposal to buy Penske Automotive free-float shares

Reuters2026/07/22 12:43

By:Reuters

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Mitsui has teamed with Penske Corp. to submit a non-binding proposal to buy all free-float shares of Penske Automotive Group.
The bid was made by Mitsui and its US unit alongside Penske Corp., acting for itself and its wholly owned Penske Automotive Holdings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mitsui & Co. Ltd. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mitsui, Penske Corp submit proposal to buy Penske Automotive free-float shares

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