Connect with us


Is the Carsales (ASX:CAR) share price in the buy zone after its acquisition?




The Carsales.Com Ltd (ASX: CAR) share price remains in a trading halt on Friday.

This follows a request on Wednesday by the auto listings company to halt its shares while it raises funds for a major new acquisition.

What is Carsales acquiring?

Carsales has signed an agreement to acquire a…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
Shortage of critical item having big impact on car makers –
Article feature image
Benchmark S&P/ASX200 index smashes through 7400 for first time, pulls back after China move hits local miners –