Page 6 - Trader Interactive News Today

PARIS (Reuters) - Investment firm Eurazeo has agreed to sell its remaining stake of 51% in U.S.-based digital marketing company Trader Interactive, on an

Press release content from PR Newswire. The AP news staff was not involved in its creation.

Mergers and acquisitions are happening in automotive adjacent industries, too.

Carsales.com is set to take the reins to US commercial trucks and RVs listing business Trader Interactive.

Carsales CEO Cameron McIntyre said it would cost more to buy the outstanding 51 per cent of Trader Interactive in a year’s time because of its rapid growth.

A solid start to the week with the ASX putting on nearly 2% led by the financial sector, although it was green right across the screen with all sectors finishing up on the day. Nice to see buying early that was supported throughout the day with the market closing...

(Reuters) - Australian online auto classifieds firm Carsales.com Ltd said on Monday it acquired the remaining 51% stake in U.S.-based Trader Interacti...

(Reuters) - Australian online auto classifieds firm Carsales.com Ltd said on Monday it acquired the remaining 51% stake in U.S.-based Trader Interacti...

Spending $1.2 billion on expansion in the US ahead of a recession seems either brave or foolhardy. Carsales CEO Cameron McIntyre says it makes commercial sense.

A rally by the big four banks lifted the Australian sharemarket higher on Monday with the benchmark index gaining 1.9 per cent, or 127.30 points, to close at 6706.