Carvana to acquire US physical auction business of ADESA for $2.2bn
Carvana, an online used car retailer, has agreed to acquire ADESA U.S., the US physical auction business of ADESA, a fully-owned subsidiary of KAR Global, for $2.2 billion in an all-cash deal. ADESA U.S. is a provider of wholesale vehicle auction solutions in the US. It has 56 sites and nearly 4,500 corporate and operations […]