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Goldman Sachs bullish on CarTrade; Increases stake to 5.15%
short by System User / on Wednesday, 8 May, 2024
In an exchange filing on behalf of CarTrade, Goldman Sachs Asset Management BV informed the bourses that it has increased its stake in the startup to 5.15%, becoming a substantial shareholder. The stake acquisition coincides with a rally in the shares of the online classifieds and auto auction platform.
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