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
$37.13 |
Change
-0.330(0.88%) |
Mkt cap ! $14.03B | |||
| Open | High | Low | Value | Volume |
| $38.00 | $38.08 | $36.90 | $35.47M | 952.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27 | $36.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.14 | 2499 | 1 |
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| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| CAR (ASX) Chart |