Carsales to raise $1.2b for takeover of US truck, RV group - Sydney Morning Herald

Carsales.com, Australia’s largest vehicle marketplace, will acquire Trader Interactive for $1.7 billion.

Vehicle listing business carsales.com, which runs Australias largest online marketplace for cars, motorbikes and boats, is seeking to raise $1.2 billion from shareholders to fully acquire US listings… [+1256 chars]

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