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CL8 Holdings Merges Carly with Carbar, Retains Stake and Eyes New Growth

3:30am on Monday 2nd of June, 2025 AEST Automotive
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CL8 Holdings Merges Carly with Carbar, Retains Stake and Eyes New Growth

3:30am on Monday 2nd of June, 2025 AEST
Key Points
  • CL8 sold Carly’s operating entities to Carbar in a share purchase agreement
  • Merger unites two major Australian car subscription platforms
  • CL8 retains shares in Carbar, the merged group’s head company
  • Company to remain ASX-listed and seek new growth avenues
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