Could Trade Me be for sale as global takeover activity increases?

Property listings are a major part of the booming global online classified sector. (Image: NZME)

Tue, 01 Oct 2024

There’s nothing like a bit of deal-making to get imaginations running riot. So don’t be surprised if the recent flurry of activity in online classifieds businesses around the world has a few besuited bankers beseeching some local players to have another look at their portfolio. This includes Kiwi powerhouse Trade Me, whose owner, Apax Partners, briefly dusted off its exit options last year. In case you’re a normal person who doesn’t spend their days trawling through financial pages far and wide, the big deal...

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