Announced
Financials
Sources
Tags
Malaysia
Cross Border
Scheme
Friendly
auction platform
Public
Acquisition
Online and Social Platforms
Private
Pending
Private Equity
Synopsis
Autohome, an online destination for automobile consumers in China, offered to acquire iCar Asia, the owner of Carlist.my, for c. A$216m ($150m). “The company has witnessed a strong recovery in Q3 2020 in all 3 operating countries. We will continue to focus on building and evolving the quality of the core proposition of iCar, and partnering with our customers to help drive their businesses recovery,” Hamish Stone, iCar managing director and CEO.
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