Autosports Group acquires Brighton Jaguar Land Rover

Autosports Group Limited (ASX: ASG), through its wholly owned subsidiary, has entered into agreements with the Stillwell Motor Group (SMG) to purchase the Brighton Jaguar Land Rover business and the underlying property at 363-407 Nepean Highway, Brighton East. The purchase price for the property is $23.2 million which will be debt funded through OEM financing to $22 million and the balance cash fu