UK retail group GUS is reportedly considering a bid for EurotaxGlass’s – the publisher of Glass’s car dealer guides.
GUS, owner of the nationwide Argos catalogue and Homebase DIY store chains, has asked investment bank UBS for financial advice on a potential £340m bid for EurotaxGlass’s, according to the Daily Telegraph.
GUS did not deny any plans to purchase EurotaxGlass’s but its spokesman would not comment to just-auto on what he called “market speculation”.
EurotaxGlass’s spokesperson Peter Cox would neither confirm nor deny the newspaper’s report.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData