Automotive Holdings Group (ASX:AHG) has hired KPMG to prepare an independent expert's report on the value of the company as AP Eagers (ASX:APE) launches its take-over offer.
They today dispatched their Bidder's Statement to AHG Shareholders in relation to its unsolicited and conditional takeover offer.
Shareholders are reminded there is no need to take any action at this current time in relation to the offer.
AP Eagers is a car dealership.
Shares in Automotive Holdings Group (ASX:AHG) are trading 0.62 per cent lower at $2.42.