-- Paris-listed car-rental company Europcar Mobility Group SA has rejected a takeover bid from Volkswagen AG, Bloomberg reports citing people with knowledge of the matter.

-- A consortium led by the German carmaker made an offer of about 44 European cents ($0.53) per share valuing Europcar at about EUR2.2 billion, Bloomberg reports, saying Europcar considers the proposal as too low.

-- Europcar and Volkswagen didn't immediately respond to requests for comment.

 

Full story: https://bloom.bg/35LWkdv

 

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(END) Dow Jones Newswires

June 23, 2021 11:39 ET (15:39 GMT)

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