![FILE PHOTO: Imported cars are parked in a storage area at Sheerness port, Sheerness](https://freeamericanetwork.com/wp-content/uploads/2019/06/tdr-capital-to-buy-car-auctioneer-bca-marketplace-for-2-4-billion.jpg)
FILE PHOTO: Imported cars are parked in a storage area at Sheerness port, Sheerness, Britain, October 24, 2017. REUTERS/Peter Nicholls/File Photo
June 26, 2019
(Reuters) – British private equity firm TDR Capital on Wednesday said it offered to buy car auctioneer BCA Marketplace for about 1.91 billion pounds ($2.42 billion).
The offer of 243 pence per share is a premium of about 25% to BCA’s closing price on June 19.
(Reporting by Shariq Khan in Bengaluru; Editing by Rashmi Aich)