Friday, November 30, 2007
HR Owen sells BMW and Mini sites
HR Owen has sold its loss making London BMW and Mini outlets to Marsh Wall.
A deal is likely to be completed by the middle of next month.
HR Owen said that some £2.8m was being paid for its Chiswick and Heathrow-based BMW and Mini facilities, which posted a pre-tax loss of £2m to December 2006.
The deal needs shareholder approval before it is signed off.
DATED: 30.11.07
FEED: MT
