Cazoo Group Ltd. (CZOO) News
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CZOO News Highlights
- CZOO's 30 day story count now stands at 5.
- Over the past 13 days, the trend for CZOO's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about CZOO are DE, PAR and PORT.
Latest CZOO News From Around the Web
Below are the latest news stories about CAZOO GROUP LTD that investors may wish to consider to help them evaluate CZOO as an investment opportunity.
Dow, Nasdaq On Track For 8th-Straight WinThe S&P 500 is in the midst of its own hot streak. |
Cazoo Announces Completion of Debt Restructuring and Related Transactions on December 6, 2023LONDON & 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 |
Cazoo Updates Methodology for Settlement of Exchange OfferLONDON & NEW YORK, December 06, 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 an update to the methodology for settlement of the exchange of $630 million aggregate principal amount of 2.00% Convertible Senior Notes due 2027 (the "Convertible Notes") for a pro rata portion of (1) $200 million aggregate principal amount of 4.00%/2.00% cash/payment-in-kind |
Cazoo Announces Reverse Stock Split and Increase in Authorized Share CapitalLONDON & NEW YORK, December 05, 2023--Cazoo Group Ltd (NYSE: CZOO) ("Cazoo," the "Company," "we," "us" or "our"), the UK online car retailer, which makes buying and selling a car as simple as ordering any other product online, announced today that its Board of Directors has approved a consolidation of the Company’s issued and unissued share capital, par value US$0.002 per share, at a ratio of 1-for-100 (the "reverse stock split"), as well as an increase in share capital (the "share increase"). A |
Cazoo To Complete Exchange Offer with 100% of NoteholdersLONDON & NEW YORK, December 05, 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 final results of its previously announced exchange offer (the "Exchange Offer"). |
Moore’s McIntyre to Lead Venture Firm With Daily Mail Backing(Bloomberg) -- Louis Bacon’s Moore Capital Management and the publisher of British tabloid the Daily Mail are launching a new venture fund to be led by Moore executive James McIntyre, according to people familiar with the matter. Most Read from BloombergTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Banking Escapees Make Billions From Private Credit BoomThese Are the World's Most Expensive Cities to Live In Right NowIsrael Says Hamas Violated Terms of Cease-Fire as Truce L |
Cazoo Announces Expected Record Date for Distribution of Warrants and Expected Effective Date for Reverse Stock SplitLONDON & NEW YORK, November 30, 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, today announces that its contemplated distribution of three tranches of warrants to purchase its Class A ordinary shares (the "Warrants") will be made to holders of record of its Class A ordinary shares (the "Warrant Distribution") as of close of business on December 7, 2023, after givi |
Cazoo Announces All Resolutions Approved at Extraordinary General MeetingLONDON & NEW YORK, November 21, 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 that, following its Extraordinary General Meeting ("EGM"), held today at 3:00 p.m. GMT, all resolutions submitted for shareholder approval were overwhelmingly approved. The final results of the voting at the EGM will be available shortly at Cazoo’s Investor Relations site, inv |
Cazoo founder suffers share price wipeout as lenders seize controlAlex Chesterman, the founder of Cazoo, will have his shareholding in the company almost wiped out as bondholders take control of the loss-making online car seller. |
Cazoo Secures 100% Consent from Noteholders to Participate in the Exchange OfferLONDON & NEW YORK, November 20, 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, announced that the Company has secured agreements from the holders of 100% of its $630 million aggregate principal amount of 2.00% Convertible Senior Notes due 2027 (the "Convertible Notes") to participate in the Company’s exchange offer, in which Cazoo is offering to exchange each $1,0 |