eBay Inc. announces $2.25bn share sale in Adevinta to Permira

eBay Inc. announces $2.25bn share sale in Adevinta to Permira

eBay Inc. (Nasdaq: EBAY), a leading global commerce entity, announced a substantial agreement to sell approximately 125 million shares of its stake in Adevinta to investment firm Permira. The deal, estimated at a total consideration of $2.25 billion, represents a notable shift in eBay’s investment portfolio. This transaction is set at an approximate 7% discount […]