After plans to list on the stock exchange stalled last year, Australian new-car importer Ateco Group could be purchased by a large Saudi company.
Saudi Arabian company Abdul Latif Jameel is understood to have put in a bid for Ateco Group, which looks after the importation and distribution of a number of major car brands within Australia.
According to a report from the Australian Financial Review, Abdul Latif Jameel – which has operations in transportation,…
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