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AP Eagers Ltd (ASX:APE) is Australia’s oldest listed automotive retail group, it has been going for over a century. It operates automotive dealerships across Queensland, South Australia, New South Wales, Victoria, Northern Territory and Tasmania.
AP Eagers Ltd (ASX:APE) has just sent the Automotive Holdings Group Ltd (ASX:AHG) share price into the atmosphere.
The Automotive Holding Group Ltd (ASX:AHG) share price is going bananas after a proposed merger from AP Eagers Ltd (ASX:APE) who own 28% of AHG.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.40% at lunch.