Carsales completes Mexican acquisition
ONLINE car seller Carsales.com has completed its acquisition of a 65 per cent stake in Mexico-based auto classifieds website SoloAutos, for around $9mln.
ONLINE car seller Carsales.com has completed the acquisition of a 65 per cent stake in Mexico-based auto classifieds website SoloAutos.
THE company in August said it would acquire the SoloAutos stake for around $9 million. It has funded the buy through existing debt facilities.
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