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Trade Me board recommends shareholders accept $2.56b rival takeover offer

Apax Partners matches an alternative offer from a US private equity firm.

Dane Ambler Wed, 12 Dec 2018

Trade Me’s board is recommending shareholders accept a proposal from British private equity firm Apax Partners to acquire 100% of its shares for $6.45 per share.

Trade Me shares once again jumped on the news, up 4.25%, or 26c, to $6.38. Shares in the company have risen 25% since the original

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Trade Me board recommends shareholders accept $2.56b rival takeover offer
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