PPH, the holding group of Pat Priestly, executive chairman of AutoCanada, the country’s only listed automotive dealership group, will acquire the Whitby Oshawa Honda dealership in Whitby, Ontario by using a financing arrangement through which AutoCanada will provide 80 percent of the funding to PPH in return for receiving 80 percent of the net income of the dealership, reports Auto ReMarketing Canada here:
AutoCanada executive chairman acquires Honda dealership through financing arrangement
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