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Lithia Motors Acquires Major Stake in Pinewood Technologies

Lithia Motors Acquires Major Stake in Pinewood Technologies

Pendragon (GB:PINE) has released an update.

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Lithia Motors Inc., headquartered in Medford, Oregon, has crossed a significant threshold, acquiring a 22.76% total voting rights stake in Pinewood Technologies Group PLC. The transaction, which occurred on June 7, 2024, has been reported to the issuer on June 10, 2024, indicating a notable increase from the previous notification of 21.89% in voting rights.

For further insights into GB:PINE stock, check out TipRanks’ Stock Analysis page.

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