A WeBuyCars "pod".
Facebook/Castle Gate Lifestyle
Transaction Capital aims to raise between R900 million and R1.25 billion by unbundling and listing WeBuyCars on the JSE in early April.
The proceeds will be used by Transaction Capital to pay down debt at the holding company level, though how much it raises will depend on the listing price that WeBuyCars achieves when it debuts on the JSE.
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