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KAR Global Announces $550 Million Strategic Investment Led by Funds Advised by Apax Partners


KAR Global Announces $550 Million Strategic Investment Led
The initial conversion price of $17.75 per share represents an approximately 42% premium to KAR’s closing price of $12.52 per share on Friday, May 22, 2020. The investment was led by funds advised by Apax Partners (the “Apax Funds“), a global private equity advisory firm, with participation by Periphas Capital, L.P.


ApaxKAR Global Announces $550 Million Strategic
KAR Global Announces $550 Million Strategic Investment Led by Funds Advised by Apax Partners 26 May 2020 CARMEL, Ind. – May 26, 2020: KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced the placement of $550 million in newly issued perpetual convertible …


KAR Global Announces $550 Million Strategic Investment Led
The investment was led by funds advised by Apax Partners (the “Apax Funds“), a global private equity advisory firm, with participation by Periphas Capital, L.P.


KAR Global Announces $550 Million Strategic Investment Led
The investment was led by funds advised by Apax Partners (the “Apax Funds“), a global private equity advisory firm, with participation by Periphas Capital, L.P. The proceeds of the transaction will be utilized to expedite the resumption of operations to meet market demand, sustain the company’s technology platforms and development pipeline and …


KAR Global Announces $550 Million Strategic Investment Led
KAR Global Announces $550 Million Strategic Investment Led by Funds Advised by Apax Partners 5/26/20 KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR ), a global vehicle remarketing and technology solutions provider, today announced the placement of $550 million in newly issued perpetual convertible preferred stock of KAR Global.


KAR Global Announces Board of Director Additions That …
KAR Auction Services Inc. d/b/a KAR Global (NYSE: KAR) announces three additions to its board of directors — expanding board diversity and cross-industry expertise. Stefan Jacoby has more than 30 years of automotive industry experience, most recently in mobility ventures.


KAR Auction Services : Global Announces $550 Million
The investment was led by funds advised by Apax Partners (the “Apax Funds“), a global private equity advisory firm, with participation by Periphas Capital, L.P. The proceeds of the transaction will be utilized to expedite the resumption of operations to meet market demand, sustain the company’s technology platforms and development pipeline and …


KAR Global Announces $550 Million Strategic Investment Led
KAR Global Announces $550 Million Strategic Investment Led by Funds Advised by Apax Partners 26-05-2020 12:55 via news.yahoo.com KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced the placement of $550 million in newly issued perpetual convertible preferred …


KAR Global Announces Board of Director Additions That …
CARMEL, Ind., Oct. 21, 2019 /PRNewswire/ — KAR Auction Services Inc. d/b/a KAR Global (KAR) announces three additions to its board of directors — expanding board diversity and cross-industry …


KAR Global Announces Board of Director … – Bloomberg.com
Oct 21, 2019KAR Global Announces Board of Director Additions That Include Leaders in the Automotive, Financial and Technology Industries New Board Members Bring Decades of Experience in Automotive, Mobility …
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