carsales.com completed the acquisition of the remaining 51% stake in Trader Interactive from Eurazeo and Goldman Sachs AM for $809m.

carsales.com, the largest online marketplace in Australia focusing on the automotive, motorcycle, and marine realms, completed the acquisition of the remaining 51% stake in Trader Interactive, a provider of online market places and digital marketing products, from investment firms Eurazeo and Goldman Sachs Asset Management for $809m. "The first year of ownership has been very successful and we have strong conviction in the quality of the Trader Interactive business, the management team and its growth opportunities. Culturally, there is strong alignment between the carsales and Trader Interactive teams and we are excited to be working more closely together to execute on our strategic objectives." Cameron McIntyre, carsales Managing Director and CEO.