EDMONTON, AB, Sept. 30, 2025 /CNW/ - CanadaOne Auto ("CanadaOne") and Eagers Automotive Limited ("Eagers") (Australia's largest automotive retail group with over 400 OEM dealer agreements, representing 50+ OEM brands and publicly traded on the Australia Stock Exchange (ASX:APE)), today announced that they have entered into a definitive share purchase agreement, pursuant to which Eagers will acquire a 65% ownership interest in CanadaOne and its affiliated entities based on an overall enterprise value for CanadaOne of $2.5 billion (the "Transaction"). As part of the Transaction, the shareholders of CanadaOne expect to become Eagers' second largest shareholder.
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