Australia’s Carsales.com to raise $329 mln for bigger stake in Brazil’s Webmotors
- Stock Market Stocks to buy Stocks to sell
admin
- 0
- 1 minute read
Australian online auto classifieds firm Carsales.com Ltd said on Wednesday it would launch an A$500 million ($329.40 million) equity raising to fund a deal to acquire an additional 40% stake in Brazil-based automotive digital marketplace Webmotors SA.
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-1803777103-b9626d35c9fd4424ae7ecc3b6d58a558.jpg "Accountant Career Path and Qualifications")
:max_bytes(150000):strip_icc():format(jpeg)/AFFLUENT.MILLENNIAL.HERO.GettyImages-868506558_2600-84706e45802340b1865d4b49c285a662.jpg "The Affluent Millennial Investing Survey")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-2151279555-f38549a64433496982ff93944b309afb.jpg "5 Transamerica Mutual Funds to Consider")
