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17 Apr 2024 7:15
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      Home > News > Business

    Trade Me shares have risen as investors react to the likely sale of the online auction site

    Trade Me shares have risen as investors react to the likely sale of the online auction site


    TradeMe
    TradeMe
    London-based Apax Partners has offered 6-dollars-45 a share for the business ... beating a rival bid from California-based Hellman & Friedman.

    Shares on the NZX were trading at 6-dollars-38 at midday, up 4.25 per cent.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     16 Apr: Spire collapses after fire breaks out at Copenhagen's 17th-century Old Stock Exchange
     16 Apr: The Telecommunications Commissioner says he's disappointed about alleged breaches of the 111 Contact code by telco One New Zealand
     16 Apr: A Christchurch businessman's appeal against the Tenancy Tribunal's been dismissed
     16 Apr: How Israel managed to intercept '99 per cent' of Iran's drone and missile attack
     16 Apr: More anguish for Everton in football's Premier League
     16 Apr: Surprise as high migration figures continue to sustain
     16 Apr: A highly anticipated debut with an extremely high price point
     Top Stories

    RUGBY RUGBY
    Add another chapter to the book of big name oval-ball code switchers More...

    BUSINESS BUSINESS
    Spire collapses after fire breaks out at Copenhagen's 17th-century Old Stock Exchange More...


     Today's News

    		 Entertainment:
    Reese Witherspoon has warned Hollywood to "get used to" AI because it is "here to stay" 7:10

     Law and Order:
    Julian Assange extradition edges closer after US promises not to seek death penalty 7:07

     Living & Travel:
    Air New Zealand's looking to get a fully-electric plane in the skies within the next two years or so 7:07

     Entertainment:
    Prince Edward is taking on the "distinct honour" of being Colonel of the Scots Guards 6:40

     Entertainment:
    Jennifer Aniston is "still excited" by fame - even though she has "learned lessons" 6:10

     Accident and Emergency:
    A tough result for Police as they turn up nothing in the latest search for missing Gisborne man Joseph Ahuriri 4:36

     Business:
    Spire collapses after fire breaks out at Copenhagen's 17th-century Old Stock Exchange 22:27

     Business:
    The Telecommunications Commissioner says he's disappointed about alleged breaches of the 111 Contact code by telco One New Zealand 21:57

     Entertainment:
    The ex ecutor of O.J. Simpson's will plans to fight any payments to the families of his late ex-wife Nicole Brown and her friend Ron Goldman 21:40

     Law and Order:
    Police have named a man who drowned after running into the sea while fleeing Police at Mt Maunganui 21:17

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