EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up

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EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up

Reuters2021-07-14

OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s ...

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Yumiko88
·2021-07-14
Lns
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Andersonkana
·2021-07-14
Lik
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Singaporestr
·2021-07-14
Wow!!!
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- Windfall10:
  ok
  2021-07-14
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oneplus374
·2021-07-14
please like
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- LYNDA:
  Like and Comment
  2021-07-14
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CharlesKing
·2021-07-14
Like and comment plz???
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- Jasjh:
  Done
  2021-07-14
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- QPG:
  Ok
  2021-07-14
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Jliang
·2021-07-14
Please like
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3
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mmcyes
·2021-07-14
Halo
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- WarSlasher:
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  2021-08-10
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- mmcyes:
  Ok
  2021-07-16
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Shiokshiok
·2021-07-14
Like pls
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- alvinherexD:
  gg
  2021-07-14
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mmcyes
·2021-07-14
I'm new
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- firefirefire:
  they say Johnny come lately, new kid in town..everybody loves you.
  2021-09-22
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Eugene_Ganz
·2021-07-14
Nice
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- Tgbdisciple:
  nice indeed
  2021-07-14
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ragdoll99
·2021-07-14
Nice
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- 真的钻石手:
  Nuce
  2021-07-14
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Weineng
·2021-07-14
Please like and comment thx
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  2021-07-14
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Mattong
·2021-07-14
Like plz
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Xann
·2021-07-14
Like and comment pls
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REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEBay sells $2.25 billion Adevinta stake to secure classified ads tie-up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 16:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s ...</p>\n\n<a href=\"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBAY":"eBay"},"source_url":"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154928329","content_text":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.\nThe eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":144920280,"gmtCreate":1626262696740,"gmtModify":1703756568927,"author":{"id":"4088599389256890","authorId":"4088599389256890","name":"Andersonkana","avatar":"https://static.tigerbbs.com/21e08c99709245ba5acdcf7245d9c40f","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Lik","listText":"Lik","text":"Lik","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144920280","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEBay sells $2.25 billion Adevinta stake to secure classified ads tie-up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 16:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s ...</p>\n\n<a href=\"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBAY":"eBay"},"source_url":"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154928329","content_text":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.\nThe eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":144995164,"gmtCreate":1626259093058,"gmtModify":1703756507423,"author":{"id":"3581632681428515","authorId":"3581632681428515","name":"Singaporestr","avatar":"https://static.tigerbbs.com/d3c11fbc07f51a954ae8fb59159fd7da","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Wow!!!&nbsp;","listText":"Wow!!!&nbsp;","text":"Wow!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144995164","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEBay sells $2.25 billion Adevinta stake to secure classified ads tie-up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 16:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s ...</p>\n\n<a href=\"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBAY":"eBay"},"source_url":"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154928329","content_text":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.\nThe eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5216932,"gmtCreate":1626259468222,"gmtModify":1663230957329,"authorId":3581834933175279,"author":{"id":3581834933175279,"authorId":3581834933175279,"name":"Windfall10","avatar":"https://static.tigerbbs.com/ff7812fc4f6d030648888d978fc206d1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144995164,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":144067868,"gmtCreate":1626254645054,"gmtModify":1703756423524,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"please like","listText":"please like","text":"please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144067868","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEBay sells $2.25 billion Adevinta stake to secure classified ads tie-up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 16:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s ...</p>\n\n<a href=\"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBAY":"eBay"},"source_url":"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154928329","content_text":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.\nThe eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5217103,"gmtCreate":1626260922579,"gmtModify":1663230956929,"authorId":3569544104696421,"author":{"id":3569544104696421,"authorId":3569544104696421,"name":"LYNDA","avatar":"https://static.tigerbbs.com/45f6a406fae1f60b538c69c86ba27a51","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144067868,"type":1,"supId":0,"prevId":0,"content":"Like and Comment","text":"Like and Comment","html":"Like and Comment"}],"langContent":"EN"},{"id":144065439,"gmtCreate":1626254505821,"gmtModify":1703756421243,"author":{"id":"3579391265651951","authorId":"3579391265651951","name":"CharlesKing","avatar":"https://static.tigerbbs.com/d8fbdcf3295ba7f84c1f2205610ea968","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Like and comment plz???","listText":"Like and comment plz???","text":"Like and comment plz???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/144065439","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5216992,"gmtCreate":1626259901365,"gmtModify":1663230956032,"authorId":3575118967035228,"author":{"id":3575118967035228,"authorId":3575118967035228,"name":"Jasjh","avatar":"https://static.tigerbbs.com/e217292b79bf8debc0bcf58a5eb3fb06","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144065439,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":5216741,"gmtCreate":1626257396157,"gmtModify":1663230955145,"authorId":3574741031985031,"author":{"id":3574741031985031,"authorId":3574741031985031,"name":"QPG","avatar":"https://static.tigerbbs.com/2a7df0e38bbedb258a49cc9fd563fa0f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144065439,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":144066925,"gmtCreate":1626254301367,"gmtModify":1703756417921,"author":{"id":"3578105588635717","authorId":"3578105588635717","name":"Jliang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144066925","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":144087866,"gmtCreate":1626253916955,"gmtModify":1703756409446,"author":{"id":"4089350711553950","authorId":"4089350711553950","name":"mmcyes","avatar":"https://static.tigerbbs.com/4d56e07904602880afe829aff420f61d","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Halo","listText":"Halo","text":"Halo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/144087866","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5477263,"gmtCreate":1628555586340,"gmtModify":1663232150657,"authorId":3575195102402470,"author":{"id":3575195102402470,"authorId":3575195102402470,"name":"WarSlasher","avatar":"https://static.tigerbbs.com/0c98b196bb3a5da8bb25c9d45e23a4ce","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144087866,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":5240387,"gmtCreate":1626443310214,"gmtModify":1663231064333,"authorId":4089350711553950,"author":{"id":4089350711553950,"authorId":4089350711553950,"name":"mmcyes","avatar":"https://static.tigerbbs.com/4d56e07904602880afe829aff420f61d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144087866,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"}],"langContent":"EN"},{"id":144087190,"gmtCreate":1626253912110,"gmtModify":1703756409283,"author":{"id":"3582889572993413","authorId":"3582889572993413","name":"Shiokshiok","avatar":"https://static.tigerbbs.com/7ee785e2c502bddc7efed111524c7bb4","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144087190","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5216367,"gmtCreate":1626254121125,"gmtModify":1663230955038,"authorId":3563936204183553,"author":{"id":3563936204183553,"authorId":3563936204183553,"name":"alvinherexD","avatar":"https://static.tigerbbs.com/581a2f621e388bf7f33b560eee3cfcc8","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144087190,"type":1,"supId":0,"prevId":0,"content":"<u>gg</u>","text":"<u>gg</u>","html":"<u>gg</u>"}],"langContent":"EN"},{"id":144084343,"gmtCreate":1626253833682,"gmtModify":1703756407498,"author":{"id":"4089350711553950","authorId":"4089350711553950","name":"mmcyes","avatar":"https://static.tigerbbs.com/4d56e07904602880afe829aff420f61d","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"I'm new","listText":"I'm new","text":"I'm new","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144084343","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5949172,"gmtCreate":1632240255610,"gmtModify":1663234226447,"authorId":3570742778586711,"author":{"id":3570742778586711,"authorId":3570742778586711,"name":"firefirefire","avatar":"https://community-static.tradeup.com/news/e33159cc1bfc6784fa479fe87a11fd33","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.56%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144084343,"type":1,"supId":0,"prevId":0,"content":"they say Johnny come lately, new kid in town..everybody loves you.","text":"they say Johnny come lately, new kid in town..everybody loves you.","html":"they say Johnny come lately, new kid in town..everybody loves you."}],"langContent":"EN"},{"id":144082721,"gmtCreate":1626253740563,"gmtModify":1703756405541,"author":{"id":"3583467068157878","authorId":"3583467068157878","name":"Eugene_Ganz","avatar":"https://static.tigerbbs.com/718d94c006f76df2ca997b72cee43018","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144082721","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5216332,"gmtCreate":1626253809548,"gmtModify":1663230952927,"authorId":3575247585577854,"author":{"id":3575247585577854,"authorId":3575247585577854,"name":"Tgbdisciple","avatar":"https://static.tigerbbs.com/7c099c9cab7661dd2fa5c44752e05414","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144082721,"type":1,"supId":0,"prevId":0,"content":"nice <u>indeed</u>","text":"nice <u>indeed</u>","html":"nice <u>indeed</u>"}],"langContent":"EN"},{"id":144086306,"gmtCreate":1626253643705,"gmtModify":1703756403743,"author":{"id":"3575877970346052","authorId":"3575877970346052","name":"ragdoll99","avatar":"https://static.tigerbbs.com/4b59eb72cfa88792118276743490208d","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144086306","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5216318,"gmtCreate":1626253678758,"gmtModify":1663230951853,"authorId":3574980150965538,"author":{"id":3574980150965538,"authorId":3574980150965538,"name":"真的钻石手","avatar":"https://static.tigerbbs.com/394063a289e727c8c5c2734207c9aabd","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.39%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144086306,"type":1,"supId":0,"prevId":0,"content":"Nuce","text":"Nuce","html":"Nuce"}],"langContent":"EN"},{"id":144088583,"gmtCreate":1626253604042,"gmtModify":1703756402763,"author":{"id":"3560205838293334","authorId":"3560205838293334","name":"Weineng","avatar":"https://static.tigerbbs.com/353045b7f4900bf3d8d19fcc5db25778","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"Please like and comment thx","listText":"Please like and comment thx","text":"Please like and comment thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144088583","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEBay sells $2.25 billion Adevinta stake to secure classified ads tie-up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 16:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s ...</p>\n\n<a href=\"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBAY":"eBay"},"source_url":"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154928329","content_text":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.\nThe eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5216312,"gmtCreate":1626253637544,"gmtModify":1663230955933,"authorId":3575877970346052,"author":{"id":3575877970346052,"authorId":3575877970346052,"name":"ragdoll99","avatar":"https://static.tigerbbs.com/4b59eb72cfa88792118276743490208d","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.31%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144088583,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":144088317,"gmtCreate":1626253574839,"gmtModify":1703756402273,"author":{"id":"3574656676874055","authorId":"3574656676874055","name":"Mattong","avatar":"https://static.tigerbbs.com/8dc1185f7eceb13e12edee09a80365cb","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like plz","listText":"Like plz","text":"Like plz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144088317","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEBay sells $2.25 billion Adevinta stake to secure classified ads tie-up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 16:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s ...</p>\n\n<a href=\"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBAY":"eBay"},"source_url":"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154928329","content_text":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.\nThe eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":144083598,"gmtCreate":1626253416714,"gmtModify":1703756400468,"author":{"id":"3582771700317616","authorId":"3582771700317616","name":"Xann","avatar":"https://static.tigerbbs.com/b936c65d357a7d2d686ad9e6335c3c18","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like and comment pls&nbsp;","listText":"Like and comment pls&nbsp;","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144083598","repostId":1154928329,"repostType":4,"repost":{"id":"1154928329","pubTimestamp":1626253151,"share":"https://www.laohu8.com/m/news/1154928329?lang=&edition=full","pubTime":"2021-07-14 16:59","market":"us","language":"en","title":"EBay sells $2.25 billion Adevinta stake to secure classified ads tie-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1154928329","media":"Reuters","summary":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity","content":"<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.</p>\n<p>The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration</p>\n<p>The deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.</p>\n<p>Approval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.</p>\n<p>“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.</p>\n<p>EBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.</p>\n<p>Last year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.</p>\n<p>Media company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.</p>\n<p>The deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.</p>\n<p>Permira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.</p>\n<p>Shares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEBay sells $2.25 billion Adevinta stake to secure classified ads tie-up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 16:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s ...</p>\n\n<a href=\"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBAY":"eBay"},"source_url":"https://www.reuters.com/article/adevinta-stake-ebay/update-2-ebay-sells-2-25-bln-adevinta-stake-to-secure-classified-ads-tie-up-idUSL4N2OQ1YM","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154928329","content_text":"OSLO (Reuters) -EBay Inc has agreed to sell part of its stake in Norway’s Adevinta to private equity firm Permira for $2.25 billion in cash, clearing the way for a tie-up between eBay and Adevinta’s classified ads businesses.\nThe eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration\nThe deal comes after Austria’s Federal Competition Authority demanded eBay cut its holding in Adevinta to no more than 33% to approve their plan to create a world leader in classified ads.\nApproval in Austria, which had raised concerns about the impact on competition in its market, was the last regulatory hurdle for the tie-up.\n“The transaction announced today with Permira provides a clear path to satisfying this commitment, while delivering value to eBay shareholders,” the U.S. e-commerce giant said on Wednesday.\nEBay will sell 125 million Adevinta shares, or a 10.2% stake, to Permira, leaving the U.S. firm with a 34% holding. Permira has a 30-day option to buy an additional 10 million shares at the same price, reducing eBay’s stake to 33%.\nLast year, Adevinta agreed to buy eBay’s Classifieds Group in return for $2.5 billion in cash and 540 million shares, valuing the transaction at about $13 billion at current stock market prices.\nMedia company Schibsted, which had a majority stake in Adevinta after spinning off the unit in 2019 and holds 33% following the deal with eBay, said it welcomed the transaction.\nThe deal between eBay and Permira is expected to close in the fourth quarter of this year, Adevinta said.\nPermira advises funds with total committed capital of approximately 44 billion euros ($52 billion) and Permira partner Dipan Patel will join Adevinta’s board of directors, it added.\nShares in Adevinta were up 1% to 177.50 crowns at 0803 GMT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5216306,"gmtCreate":1626253594764,"gmtModify":1635229492909,"authorId":3560205838293334,"author":{"id":3560205838293334,"authorId":3560205838293334,"name":"Weineng","avatar":"https://static.tigerbbs.com/353045b7f4900bf3d8d19fcc5db25778","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":144083598,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":48,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}