SPAC Deal AJAX: UK's LARGEST Online Car Seller | SPACs Attack

In this Clip, Chris Katje sifts through reports and headlines to find the best deals worth highlighting. Cazoo, the leading online car retailer in the United Kingdom, has announced a $7 billion business combination with AJAX ($AJAX). Cazoo is one of Europe's fastest-growing digital businesses, growing at a rate of 300 percent or more year on year, with revenues expected to reach $1 billion by 2021. The transaction includes up to $805 million in Ajax cash in trust, and the company expects to raise approximately $800 million through private investment in public equity at a price of $10.00 per share. Subscribe for daily trade ideas https://www.youtube.com/c/Benzinga Get 47% off Benzinga PRO➡️ https://benzinga.grsm.io/youtube47 Meet The Hosts: Chris Katje Twitter: https://twitter.com/chriskatje Mitch Hoch Twitter: https://twitter.com/STORYInvestors //////MORE STUFF TO CHECK OUT/////// For a FREE two-week trial of Benzinga Pro➡️https://pro.benzinga.com/?gspk=eW91dHViZXlvdXR1YmU5OQ%3D%3D&gsxid=rPqrMyn8s1e4 Live education at Benzinga Boot Camp➡️http://bit.ly/BZBootCampFeb Benzinga merch➡️https://swag.benzinga.com/ Join Benzinga’s Discord➡️https://discord.com/invite/Sy2UgMPu6u Benzinga’s Premium Newsletters ➡️https://www.benzinga.com/premium/ideas/benzinga-Premium-newsletters/?utm_source=youtube&utm_medium=yt-description Get EXCLUSIVE ACCESS to Benzinga's Premium Products: https://www.benzinga.com/premium-products/ Like the show? Keep up with all Benzinga news! Visit https://www.benzinga.com/ to subscribe to our newsletter Visit https://twitter.com/Benzinga to follow us on Twitter Visit https://www.facebook.com/Benzinga/ to like us on Facebook Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions. #SPACStocks​ #Benzinga​ #AJAX #Cazoo