Carnell-City sell off OK’d

The thumbs-up has been given to the sale of Dixon Motors, the parent compay of Carnell/Motorcycle City.

The deal was approved last week, and an announcement giving more details is expected Wednesday, May 15.

Dixons Motors will be sold to Lombard, a subsidiary of the Royal Bank of Scotland. The firm said it was too early to comment on any implications for the bike side of the business which forms the UK’s biggest bike dealer chain

Shareholders voted overwhelmingly to accept Lombard’s offer.