BUZZ-Australia's Eagers Automotive soars on deals with Grand Motors, Zagame Automotive

Reuters04-01

BUZZ-Australia's <a href="https://laohu8.com/S/APEAF">Eagers Automotive</a> soars on deals with Grand Motors, Zagame Automotive

** Shares of Australia's Eagers Automotive APE.AX rise as much as 10.6% to A$24.9, their highest level since February 25

** Biggest intraday pct gain since October 3, 2025

** The automotive retail co enters a term sheet with Grand Motors Group owners to acquire 49% of their stake in a portfolio of dealerships in Gold Coast and Metro Sydney

** Enters agreement with Zagame Automotive Group to acquire Audi Centre Melbourne and Audi Richmond dealerships located in Melbourne, Victoria

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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