Sand Grove takes BCA stake after Woodford’s exit
Event-driven hedge fund Sand Grove Capital Management has disclosed a 5% stake in UK car dealer BCA Marketplace, the subject of a takeover offer from TDR Capital. The purchase follows big sales from some of BCA’s cornerstone shareholders who had agreed to support the bid, including embattled Woodford Investment Management, and Invesco.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: