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(Reuters) - Australian online auto classifieds firm Carsales.com Ltd said on Monday it acquired the remaining 51% stake in U.S.-based Trader Interactive for $809 million, a year after buying 49% in the Virginia-based online advertising company.
Carsales.com in May 2021 had paid $624 million for the stake it already owned in Trader Interactive. Monday's deal announcement now values Trader Interactive at an enterprise value of $1.90 billion. (https://bit.ly/3yotPlu)
Melbourne-based Carsales.com ...
>>> Read more: Australia's Carsales.com to buy 51% in U.S. firm Trader Interactive
Carsales.com in May 2021 had paid $624 million for the stake it already owned in Trader Interactive. Monday's deal announcement now values Trader Interactive at an enterprise value of $1.90 billion. (https://bit.ly/3yotPlu)
Melbourne-based Carsales.com ...
>>> Read more: Australia's Carsales.com to buy 51% in U.S. firm Trader Interactive
