---
title: "Mitsui, Penske Corp submit proposal to buy Penske Automotive free-float shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293475284.md"
description: "Mitsui & Co. and Penske Corp. have submitted a non-binding proposal to acquire all free-float shares of Penske Automotive Group. The bid involves Mitsui, its US unit, and Penske Corp., acting for itself and its wholly owned Penske Automotive Holdings."
datetime: "2026-07-22T12:43:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293475284.md)
  - [en](https://longbridge.com/en/news/293475284.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293475284.md)
---

# Mitsui, Penske Corp submit proposal to buy Penske Automotive free-float shares

-   Mitsui has teamed with Penske Corp. to submit a non-binding proposal to buy all free-float shares of Penske Automotive Group. \* The bid was made by Mitsui and its US unit alongside Penske Corp., acting for itself and its wholly owned Penske Automotive Holdings. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mitsui & Co. Ltd. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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