ASX RELEASE 29 October 2026 Brazil acquisition CAR Group Limited (ASX: CAR) notes recent media commentary about a transaction in Brazil following the start of the public regulatory approval process with the Brazilian Administrative Council for Economic Defense (CADE). webmotors (a CAR Group...
Brazil acquisition
Filed with ASX · · 1 page · English
Summary by 6ix AI
CAR Group Limited has announced a transaction involving the acquisition of a majority stake in Auto Avaliar, a digital platform for used vehicle trading in Brazil, as noted in recent media commentary. Completion of the transaction is contingent upon regulatory approvals from Brazilian authorities, including CADE and the Central Bank of Brazil. The company indicated that this acquisition is not expected to materially affect its consolidated revenue or earnings.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
On 6ix: 6ix.com/news/brazil-acquisition
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In the deck
Earlier from CAR
- Ceasing to be a substantial holder
- Change in substantial holding
- Change of Director's Interest Notices
- Application for quotation of securities - CAR
- Becoming a substantial holder
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