Good evening,

Reporting season ramps up this week and there promises to be much for deal makers to stew on.

First up, we’ll be keeping an eye on market darling Carsales.com to see whether it has anything to say about any shuffling inside its portfolio.

In Street Talk tonight, we reveal some early-stage talks at Carsales, which is thinking about another minority position mop-up deal soon after taking full control of American website Trader Interactive.

The most logical target, should the talks turn into something more, would be Brazilian cars and motorbikes online classifieds business Webmotors, where Carsales is sitting on a 30 per cent stake.

Webmotors’ business is gaining traction, to the point where analysts reckon it could now be worth about $1 billion. Mopping up the other shareholders - or moving to a control position - could further help diversify Carsales’ revenue away from its core Australian vehicles market.

Elsewhere, we’ll be keeping an eye on windows and doors maker Jeld-Wen’s Australian auction this week, with binding bids due to Macquarie.

We’ve spotted Los Angeles-based Platinum Equity in the auction, where it will run up against familiar rival Allegro Funds.

We also have news of a new private funding round at Konvoy Kegs, and have seen a big $1.5 billion refi on the horizon at Healthscope.

Happy reading,
Anthony Macdonald, Sarah Thompson and Kanika Sood
Street Talk editors