Brief: CAR Group Says Webmotors To Buy 51% Of Auto Avaliar For R$543 MLN

CAR

29/10/2026 01:34

Oct 29 (Reuters) - CAR Group Limited CAR.AX:
BRAZIL ACQUISITION
WEBMOTORS AGREES TO BUY 51% OF AUTO AVALIAR FOR R$543 MILLION (A$144 MILLION)
COMPLETION SUBJECT TO CADE AND CENTRAL BANK OF BRAZIL APPROVALS
TRANSACTION NOT EXPECTED TO HAVE MATERIAL IMPACT ON CO'S CONSOLIDATED REVENUE OR EARNINGS

Further company coverage: CAR.AX

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