France's Eurazeo to sell rest of 51% stake in U.S. firm Trader Interactive
PARIS, June 29 (Reuters) - Investment firm Eurazeo EURA.PA 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)
((sudip.kargupta@thomsonreuters.com; +33 1 49 49 53 84;))
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