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AAP
AAP
Business
Derek Rose

Nearmap agrees to $1b private equity offer

Nearmap Thoma Bravo Sydney
Nearmap uses aeroplanes to capture images, such as these of Sydney's Northern Beaches from 2016. (PR HANDOUT IMAGE PHOTO) (AAP)

Nearmap has agreed to a $1 billion takeover offer from a US private equity company that invests in software and technology companies.

Thoma Bravo is offering to pay $2.10 per share in the Sydney-based aerial mapping company, a 67 per cent premium to their six-month volume weighted average price before the acquisition offer became public last week.

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