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Cazoo, the troubled car marketplace, to be acquired by Motors.co.uk in new partnership agreement

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June 9, 2024
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Administrators overseeing the insolvency of Cazoo, the British online car retailer formerly valued at over £5bn, are in the final stages of securing a deal to sell its marketplace division. According to industry sources, the frontrunner to acquire Cazoo’s brand and marketplace business is Motors.co.uk, a privately owned used-car platform. The price is expected to be significantly lower than the…

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