May 12 (Reuters) - Carsales.Com Ltd (CAR) :
- CARSALES ANNOUNCES ACQUISITION AND ENTITLEMENT OFFER
- TO ACQUIRE A 49.0% INTEREST IN TRADER INTERACTIVE FOR US$624M
- TRANSACTION IS EXPECTED TO BE EPS POSITIVE ON A PRO-FORMA BASIS, WITH MID-SINGLE DIGIT EPS ACCRETION FROM YEAR ONE
- ACQUISITION IS TO BE FUNDED WITH FOLLOWING COMBINATION OF EQUITY AND DEBT
- ACQUISITION PRICE VALUES TRADER INTERACTIVE ON A 100% EV BASIS AT US$1,625 MILLION
- LAUNCH OF ABOUT A$600M FULLY UNDERWRITTEN PRO-RATA ACCELERATED RENOUNCEABLE ENTITLEMENT OFFER
- SEES FY21 ADJUSTED REVENUE A$433-A$437 MILLION
- SEES FY21 ADJUSTED NPAT A$149-A$153 MILLION
- UNDER ENTITLEMENT OFFER, ELIGIBLE SHAREHOLDERS WILL BE ENTITLED TO SUBSCRIBE FOR 1 NEW CARSALES SHARE FOR EVERY 6.99 SHARES HELD
News: CAR Carsales.Com Says To Buy 49% Stake In Trader Interactive For US$624 Mln
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Last
$39.10 |
Change
0.050(0.13%) |
Mkt cap ! $14.78B | |||
| Open | High | Low | Value | Volume |
| $38.86 | $39.36 | $38.86 | $38.43M | 982.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3791 | $39.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.25 | 200 | 1 |
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| Last trade - 16.10pm 04/09/2025 (20 minute delay) ? |
| CAR (ASX) Chart |