National Tyre & Wheel Limited to acquire TYRES 4U in Australia and New Zealand for $48.8 million

SYDNEY: National Tyre & Wheel Limited has entered into a conditional agreement to acquire the business assets of TYRES 4U (T4U) in Australia and New Zealand, a news release said. The acquisition is expected to be completed on or about 31 July 2020. The consideration payable for these assets is estimated to be $48.8 million,…