Deal Snapshot
Carsales.com to Acquire Remaining Stake in US Marketplace Operator Trader Interactive
Tuesday 28 June 2022

Australian automotive, motorcycle, and marine online marketplace carsales.com Ltd plans to buy the remaining 51% of US-based marketplace operator Trader Interactive from the current investors, Eurazeo and Goldman Sachs Asset Management to bring their holding up to 100%, the company said.

The move to acquire Trader Interactive first started last year, when carsales purchased 49% of Trader Interactive in August of 2021, for USD 624m. The deal is expected to conclude in late 3Q22. The company will acquire the remaining stake for USD 809m.


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Details
Date Published: 28/06/2022

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