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New Deal


Announced

Aramis Group to acquire Cazoo Trading Italy from Cazoo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Pending

Italy

Friendly

Single Bidder

Private

car trading

E-commerce

Acquisition

Majority

Synopsis

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Aramis Group, a company for B2C online used car sale, agreed to acquire Cazoo Trading Italy from Cazoo, a British online car retailer. Financial terms were not disclosed. For Cazoo, this transaction provides the opportunity, in line with its previously announced plans to withdraw from mainland Europe, to quickly exit from the Italian market, contributing to its plan to reach profitability without the need for further external funding.

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