Ann: iCar and Carsome enter into Process Deed, page-9

  1. 289 Posts.
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    Yes, I have (~5% weighting of my portfolio) at average price of $0.45. I believe the deal is very likely to go ahead. In a nutshell, Carsome (the acquirer) and Catcha Group are partnering up to acquire ICQ as part of a broader vision of forming the largest online car marketplace in SE Asia. You can read Patrick Grove's Facebook post (Catcha Group CEO) for further details on the acquisition and vision.

    https://www.facebook.com/patrickgrove
 
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