PARIS – Investment firm Eurazeo has agreed to sell its remaining stake of 51% in U.S.-based digital marketing company Trader Interactive, on an enterprise valuation basis of $1.9 billion, the French company said on Wednesday.
Eurazeo said its sale to online car advertising platform company ‘carsales’ would bring it pre-tax proceeds of $238 million.
(Reporting by Sudip Kar-Gupta; Editing by Clarence Fernandez)