Simon Thompson 

A smart way to play the BCA takeover

Simon Thompson

Simon Thompson
A smart way to play the BCA takeover

The bid approach for Europe's largest car auction operator, BCA Marketplace (BCA:236p), by investment funds managed by TDR Capital LLP, valuing the UK-listed company’s equity at £1.9bn, has sent shares in the company surging. Bid talks are at an advanced stage and the board of BCA has stated that it will recommend a cash offer of 243p if it materialises.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now