April 11 (Reuters) - Automotive Holdings Group Ltd (AHG)
- acquires melbourne dealerships
- Existing dealerships are expected to be immediately earnings accretive
- reached agreement in principle to acquire Ford and Mitsubishi dealerships at essendon fields automotive precinct near melbourne.
- Essendon Ford and Mitsubishi acquisition involves a total consideration of $8.5 million for goodwill, plus stock and assets at valuation
