Transaction Capital to buy 49.9% Stake in WeBuyCars for R1.8 Billion

After the Competition Tribunal blocked Naspers from acquiring a controlling 60% stake in specialist car-buying service WeBuyCars earlier this year, Transaction Capital has announced it is taking a 49.9% non-controlling stake in the company. Transaction Capital will pay a maximum of R1.84 billion for the stake, based on an enterprise value of WeBuyCars of R3.69 … Continue reading Transaction Capital to buy 49.9% Stake in WeBuyCars for R1.8 Billion