Peter Warren Automotive Holdings Limited agreed to acquire Four dealerships in NSW from entities associated with Mr Greg Oakman for approximately AUD 27 million.

Peter Warren Automotive Holdings Limited (ASX:PWR) agreed to acquire Four dealerships in NSW from entities associated with Mr Greg Oakman for approximately AUD 27 million on January 17, 2024. Consideration of approximately AUD 27 million, including net assets, to be funded from cash and debt. The transaction is subject to OEM approvals and is expected to complete in the coming months.