Tuesday, July 21, 2020

Norway’s Adevinta buys eBay classifieds unit in $9.2B deal


LONDON (AP) — EBay Inc. is selling its classifieds business to Norway’s Adevinta in a deal worth $9.2 billion that will create the world’s largest online classifieds group, the companies said Tuesday. Under the terms of the deal, the U.S. company will get $2.5 billion in cash and become the largest shareholder in Adevinta, with […]

source https://www.seattletimes.com/business/norways-adevinta-buys-ebay-classifieds-unit-in-9-2b-deal/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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