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Sky NewsMotors.co.uk among suitors raiding stricken Cazoo’s garage sale
A privately owned used-car platform is circling Cazoo Group, its stricken US-listed rival which is on the brink of administration. Sky News has learnt that Motors.co.uk is a leading contender to acquire Cazoo's marketplace operation, which would include its brand and intellectual property assets. Earlier this week, Cazoo filed a notice of intention to appoint Teneo as administrator, just three years after it floated in New York with a valuation of $8bn.
- Associated Press
Ukraine says Russia has launched an assault to breach defenses in northeastern Kharkiv
Russia pounded a town in Ukraine’s northeast with artillery, rockets and guided aerial bombs Friday before attempting an infantry breach of local defenses, authorities said, in a tactical switch that Kyiv officials have been expecting for weeks as the war stretches into its third year. Intense nighttime shelling targeted Vovchansk, in the Kharkiv region and less than 5 kilometers (3 miles) from the Russian border, regional Gov. Oleh Syniehubov said. Around dawn, Russian forces tried to pierce the Ukrainian defenses near Vovchansk, Ukraine’s Defense Ministry said, adding that it had deployed reserve units to fend off the attack.