Carvana to Acquire Kar Global’s ADESA U.S. Physical auction Business for USD 2.2 Billion
KAR Auction Services, Inc., KAR Global (NYSE: KAR) has reached a definitive agreement where Carvana will acquire the company’s ADESA U.S. physical auction business. The all-cash transaction is valued at USD 2.2 Billion and includes all auction sales, operations and...