TKM bids for Kenning
22nd March 1986, Page 6
22nd March 1986
Page 6
Page 6, 22nd March 1986
— TKM bids for Kenning
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TOZER Kemsley and Millbourn and 1EP Fitrat have made a 170.8 milli( takeover bid for the Kenning Motor Group which has assets worth A:69.2 million.
TEM already owns Wadham Stringer, the bodybuilder and dealer a well as interests in the motor trade in Europe. Kenning is in commerei; vehicle retailing, bodybuilding and leasin Its pre-tax profits last year were down from .0 million to £5.8 million.