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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Shares jump as Trade Me confirms $2.5b takeover bid

Analyst says currency weakness means NZ companies are for sale.

Dane Ambler Wed, 21 Nov 2018

Trade Me has confirmed it received an indicative offer from an offshore financial investor. 

Shares spiked on the news, rising from $5.10 to $6.06, an approximate 18.8% jump. 

In an announcement on the NZX this morning, the online marketplace said it has received a preliminary, non-binding,

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Shares jump as Trade Me confirms $2.5b takeover bid
General Business,
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