Cazoo Group Ltd (CZOO)
- Business Wire
Cazoo Announces Transition to Pure-Play Automotive Marketplace Business Model
LONDON & NEW YORK, March 06, 2024--Cazoo Group Ltd (NYSE: CZOO) ("Cazoo" or "the Company"), the UK online used car platform which makes buying and selling a car as simple as ordering any other product online, announces its intention to transition to a marketplace business model, leveraging the strength of the Cazoo brand and the market-leading ecommerce platform it has built in online automotive retailing for the benefit of the 13,000 car dealers operating in the UK’s highly fragmented used car
- The Telegraph
Used car retailer Cazoo seeks cash lifeline to escape insolvency
The troubled used car supermarket Cazoo is scrambling for a lifeline as it sinks further into a funding crisis.
- Business Wire
Cazoo Announces Completion of Debt Restructuring and Related Transactions on December 6, 2023
LONDON & NEW YORK, December 07, 2023--Cazoo Group Ltd (NYSE: CZOO) ("Cazoo" or "the Company"), the UK online used car retailer, which makes buying and selling a car as simple as ordering any other product online, announces today the completion of its restructuring transactions (the "Transactions") on December 6, 2023. The Transactions significantly de-levered the Company through the exchange of $630 million aggregate principal amount of 2.00% Convertible Senior Notes due 2027 for a pro rata port
