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CarSales.com.au float to value company at $A800million plus

When Carsales.com Limited floats on the Australian Stock Exchange early in September it is expected to be worth more than $A800million.
It will make Greg Roebuck, the company’s founder and still its MD and CEO, already a multi-millionaire, even richer, and probably one of Australia’s richest men.
Unlike some of the other ecommerce success stories however, Roebuck has

Click on the title to read more CarSales.com.au float to value company at $A800million plus

August 26th, 2009 | Tags: , , , , , | Category: News | Leave a comment

ACCC revives Carsales.com. investigation

Competition regulator, the Australian Competition and Consumer Commission (ACCC), has recently been investigating a CarSales.com takeover of Redbook completed back in 2007. And in an apparently related move has begun reviewing a similarly ancient takeover by auto dealer software supplier, Pentana (formerly known as Reynolds & Reynolds).
Carsales.com news in the past week or

Click on the title to read more ACCC revives Carsales.com. investigation

July 30th, 2009 | Tags: , , | Category: News | Leave a comment