Mitsui & Co. jointly decides with U.S.-based Penske Corporation to acquire floating shares of Penske Automotive Group; stake expected to reach approximately 36%

Mitsui & Co. has jointly decided with U.S.-based Penske Corporation to acquire floating shares of Penske Automotive Group. The ownership stake is expected to be approximately 36%.

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The story

Mitsui & Co. announced that it has jointly decided with Penske Corporation to acquire floating shares of Penske Automotive Group. The specific terms of the purchase and the timing of the transaction were not provided in the announcement.

The ownership stake in this transaction is expected to be approximately 36%, with both companies expected to acquire a certain percentage of the company's shares.

At a glance

CompanyMitsui & Co., Ltd.

CounterpartyPenske Corporation

ScopePenske Automotive Group's floating shares

NatureJoint decision to acquire

ScaleOwnership stake expected to be approximately 36%

Timing(速報日) 2026/10/16

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