Connect with us

Business

Carsales (ASX:CAR) share price halted to raise funds for major US acquisition

Published

on

The Carsales.Com Ltd (ASX: CAR) share price won’t be going anywhere on Wednesday.

This morning the auto listings company requested a trading halt so that it could undertake an equity raising.

Why is Carsales raising funds?

According to the release, Carsales has entered into a Securities…



Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

2 growing ASX tech shares this broker rates very highly
Article feature image
Cheapest weeks to book at Australia’s ski resorts this winter – NEWS.com.au