Inchcape disposes of Toyota and Audi retail operations in St. Petersburg for £70 million
LONDON: Inchcape plc, the leading independent multi-brand automotive distributor with global scale, has agreed the sale of its Toyota and Audi retail operations in St. Petersburg to KlyuchAvto, a local market operator. The Group has agreed to dispose of the Toyota and Audi retail business for an enterprise value of c.£70 million, which will be…