AutoCanada Inc. says it has completed the sale of three dealerships in British Columbia for total proceeds of about $32.2 million. The company reports that the transactions are now finished, bringing the group of assets under new ownership. The dealerships included in the package are located across the province, including Island Chevrolet Buick GMC in Duncan, B.C. The reported total proceeds for the three dealerships are $32.2 million, according to the company’s statement. The sources provided do not include additional details on the buyer(s), financing terms, or the timing beyond completion of the sales. They also do not specify whether any related agreements or brand names are part of the full list beyond the Duncan dealership mentioned. Overall, the coverage centers on AutoCanada’s announcement that the three B.C. dealership divestitures have been completed and that the total amount received is approximately $32.2 million.
AutoCanada completes sale of three British Columbia dealerships for about $32.2 million
AutoCanada Inc. says it has completed the sale of three dealerships in British Columbia for total proceeds of about $32.2 million. The company reports that the transactions are now finished, bringing...
- AutoCanada Inc. says it has completed the sale of three dealerships in British Columbia.
- The total proceeds reported for the three sales are about $32.2 million.
- One of the dealerships sold is Island Chevrolet Buick GMC in Duncan, B.C.
- The sources indicate the transactions are finished, with no remaining steps described.
- No buyer information or additional deal terms are included in the provided excerpts.
EDMONTON — AutoCanada Inc. says it has completed the sale of three dealerships in B.C. for total proceeds of about $32.2 million. The group of dealerships includes the Island Chevrolet Buick GMC in Duncan, B.C.
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