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Stock Market & Financial Investment News

News Breaks
April 15, 2014
11:32 EDTLKQLKQ Corp. agrees in principle to acquire five distributors for $180M
LKQ Corporation announced that it has signed letters of intent to acquire five Netherlands companies, all of which are customers of and currently serve as distributors for LKQ's Netherlands subsidiary, Sator Holding B.V. Our preliminary estimate of the aggregate annual revenue of the five companies is approximately $180M. LKQ is targeting the completion of the transactions in the second or third quarter of 2014.
News For LKQ From The Last 14 Days
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July 10, 2014
07:49 EDTLKQLKQ Corp. acquisition of Unipart would be good fit, says William Blair
Following British media reports that said LKQ Corp.'s U.K. division, Euro Car Parts, was among the potential bidders for Unipart Automotive, William Blair said it views such a deal, should it happen, as a good fit. Buying Unipart would not be significant to LKQ's total revenue, but the firm believes it would be slightly accretive to earnings and present scale benefits and cross-selling opportunities in the U.K. William Blair maintains its Outperform rating on LKQ Corp.

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