NewsBite

Street Talk

Carsales mulls another trip down minorities mop-up lane

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Carsales.com Ltd is understood to be mulling the buyout of another of its offshore associates, in a bid to further diversify the group’s revenue and earnings from the Australian market.

Carsales.com entered the Brazilian cars and motorbikes market in 2013 via Webmotors.  Bruna Prado

Loading...
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Original URL: https://www.afr.com/street-talk/carsales-mulls-another-trip-down-minorities-mop-up-lane-20230212-p5cjtm