Politis to receive $25 million in shares from Eagers dealership acquisition
Businessman Nick Politis will receive a further $25 million shareholding in Eagers Automotive as it acquires a portfolio of dealerships in Victoria in which he is a stakeholder. Eagers Automotive has agreed to acquire the dealerships and properties across Melbourne and the Mornington region for about $245 million from a group of companies associated with Politis.