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Hot Topic Hawke’s Bay
General Business
3 mins to read
21

2 Cheap Cars owner raised $3.5m at undisclosed price ahead of listing

Annual revenue has grown to about $80m in a decade.

Hamish McNicol Thu, 18 Feb 2021

The company that owns second-hand car dealer 2 Cheap Cars raised about $3.5 million at an undisclosed price late last year to broaden its shareholder base ahead of a direct listing on the NZX next week.

NZ Automotive Investments, which operates 2 Cheap Cars and vehicle finance company NZ Motor

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Hamish McNicol Thu, 18 Feb 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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Tags
2 Cheap Cars NZX direct listing Karl Smith
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