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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.