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
$37.00
Change
-0.130(0.35%)
Mkt cap ! $13.98B
Open High Low Value Volume
$37.04 $37.13 $36.28 $38.79M 1.053M

Buyers (Bids)

No. Vol. Price($)
1 641 $37.00
 

Sellers (Offers)

Price($) Vol. No.
$37.09 574 1
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Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
CAR (ASX) Chart
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