NZ-based Trade Me Group gets $1.8b buyout offer from US PE firm

NZ-based Trade Me Group gets $1.8b buyout offer from US PE firm

Trade Me employees queue up to form human alphabets in the form of the company's initials. Photo: Trade Me

New Zealand’s e-commerce leader Trade Me Group on Wednesday received a NZ$2.56 billion ($1.77 billion) takeover offer from a U.S.-based private equity firm, a higher bid than one from a London-based counterpart last month.

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