Monday, March 29, 2021

Online car dealer Cazoo agrees to sell to SPAC for $7 billion

The deal with special-purpose acquisition company Ajax I will raise about $1.6 billion in proceeds, including $805 million in a cash trust from the SPAC and another $800 million from Ajax’s sponsors.



from Section Page News - Automotive News https://ift.tt/3dhkrnD

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