News: CAR Carsales.Com To Acquire Remaining 51% Of Trader Interactive For USD$809M

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    June 27 (Reuters) - Carsales.Com Ltd (CAR) :

    • TO ACQUIRE REMAINING 51% OF TRADER INTERACTIVE FOR USD$809M
    • EXERCISED ITS CALL OPTION TO ACQUIRE REMAINING 51% INTEREST IN TRADER INTERACTIVE FOR USD$809M
    • ACQUISITION IS EXPECTED TO GENERATE HIGHLY ATTRACTIVE FINANCIAL RETURNS FOR SHAREHOLDERS
    • IN DEAL, LOW DOUBLE-DIGIT EPS ACCRETION EXPECTED IN FIRST FULL YEAR OF OWNERSHIP AND FURTHER UPSIDE EXPECTED THEREAFTER
    • ACQUISITION TO BE FUNDED VIA AUD$1,207M FULLY UNDERWRITTEN 1 FOR 4.16 PRO-RATA ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER
    • ENTITLEMENT OFFER WILL BE CONDUCTED AT AUD$17.75 PER NEW SHARE
    • SEES FY22 ADJUSTED NPAT OF A$194 MILLION -A$196 MILLION
    • SEES FY22 ADJUSTED REVENUE AT AUD$507-509 M
    • SEES FY22 REPORTED NPAT OF A$161 MILLION - A$163 MILLION
    • SEES FY22 REPORTED REVENUE AUD$506-508 M
 
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(20min delay)
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) ?
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