AJAX I (AJAX) to Combine with Cazoo in $7Bn Deal

AJAX I (NYSE:AJAX) has entered into a definitive agreement to combine with online car retailer Cazoo at an enterprise value of $7 billion, or 7.2x its 2021E revenue. London-based Cazoo provides a digitized marketplace for used cars available either for sale or via a subscription. The combined company is expected to trade on the NYSE
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