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
$37.53 |
Change
-0.650(1.70%) |
Mkt cap ! $14.18B | |||
| Open | High | Low | Value | Volume |
| $37.79 | $37.95 | $37.53 | $21.57M | 573.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 616 | $37.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.71 | 616 | 2 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| CAR (ASX) Chart |