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Penske Automotive Group To Be Taken Private By Penske Corporation, Mitsui & Co. And Others For $212/Share In Cash At An EV Of ~$16.3B

Oct 15, 2026 · 06:54 AM ET· updated 55m ago

Penske Automotive Group, Inc. (NYSE:PAG) (the "Company" or "PAG"), a diversified international transportation services company and one of the world's premier automotive and commercial truck

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Why It Matters

A big car company is being bought by its owners for $212 per share. When a company goes private, you can no longer own a piece of it on the stock market.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.