Carsales could have bought LAA but instead bought DeMotores. Probably not a good thing to have such a well funded competitor now fully commited to Sth America. Probably not a coincidence that the LAA capital raise is happening around the same time.
http://www.news.com.au/finance/busi...s/news-story/a2b2d08eb5ccf671c1995b2f4d718ad6
Carsales not interested
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