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.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com