Mitsui joins Penske Automotive take-private agreement: Mitsui & Co stock pre-market at EUR 28.10
Published on 10/16/2026 at 07:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAgreement timing and trading outlook
- Penske Automotive Group dated the agreement involving Mitsui & Co October 15, 2026.
- Mitsui & Co stock traded pre-market at EUR 28.10 at 7:44 a.m. CEST on October 16, 2026, at Lang & Schwarz.
- The proposed transaction is expected to close in the first quarter of 2027.
Penske Automotive Group announced on October 15, 2026, that a buyer owned by Penske Corporation and Mitsui & Co. had agreed to take the company private, according to FT. Mitsui & Co stock was at EUR 28.10 pre-market at Lang & Schwarz on October 16, 2026, at 7:44 a.m. CEST.
Pre-market trading
The transaction is subject to regulatory approvals and shareholder votes. The announcement said the deal is expected to close in the first quarter of 2027. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Mitsui & Co stock.
What matters today: Xetra trading begins at 9:00 a.m. CEST on October 16, 2026. The proposed transaction is expected to close in the first quarter of 2027. Penske Automotive Group’s announcement was dated October 15, 2026.
Transaction details
The buyer is an entity owned by Penske Corporation and Mitsui & Co. The announcement stated that Penske Automotive Group would become privately held after completion and would no longer be listed on the New York Stock Exchange. These details were published in the company announcement carried by FT.
Market context: Market report Nikkei 225.
