Carey instructed on sale of Chilean car promotions website

Carey advised Chileautos on the sale of majority stake to Carsales, an Australian online car classified business. 

Chileautos is Chile´s largest online automotive advertisements website, handling the sale of 80% of second hand vehicles in the country. The deal, valued at $15 million, gives Carsales 83% of Chileautos and a stronger foothold in Latin America. Carsales already owns 65% of Mexican auto classifieds business SoluAutos and 30% of Brazilian website WebMotors.

Partner Diego Peralta led the team at Carey advising Chileautos. Australian buyer Carsales retained a squad at Philippi Prietocarrizosa & Uría with partner Alberto Pulido at the helm. 

Carey instructed on sale of Chilean car promotions website

Ignacio Abella

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram