Asbury Automotive to buy Herb Chambers' dealerships in $1.34 billion deal

Reuters

02-18

Asbury Automotive to buy Herb Chambers' dealerships in $1.34 billion deal

Feb 18 (Reuters) - Auto retailer Asbury Automotive Group ABG.N said on Tuesday it would acquire automotive dealerships owned by Herb Chambers Companies in a deal valued at $1.34 billion.

(Reporting by Anshuman Tripathy in Bengaluru; Editing by Savio D'Souza)

((Anshuman.Tripathy@thomsonreuters.com;))

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