PropertyIQ seeks clearance to buy Terralink

Wed, 17 Jul 2013

July 17 (BusinessDesk) - PropertyIQ NZ, a joint venture between state-owned Quotable Value and Australia’s RP Data, is seeking clearance to buy local geospatial data firm Terralink International. The property information company has applied to the Commerce Commission for clearance to buy the business and assets of Terralink in an effort to boost scale and its ability to compete with global competitors, according to its application. Among the reasons cited for the acquisition is that it will open access to funding for national and internationa...

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