Carbar: Cash-strapped Carly merging with Carbar to form leading car subscription service

Two of the country's leading car subscription companies will park in the same garage after Carly Holdings (ASX: CL8) reached a deal to merge with competitor Carbar, through a deal that will see most of the proceeds redirected to the ASX-listed company's lender iPartners. Sydney-based Carly will be paid approximately $160,000 in cash and...