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EBay and Adevinta to sell UK sites Gumtree, Motors.co.uk and Shpock to get their $9.2B deal past regulators

AcquisitionWeb · MergerUnited Kingdom

Ad Spot Finder news desk

Our automated news desk wrote this from the source below.

After inking a $9.2 billion deal to merge their classifieds businesses last year, eBay and Norway’s Adevinta have announced a deal to sell off three popular web properties in the U.K. to get the deal cleared by local regulators, the Competition Markets Authority. The companies plan to sell off Adevinta-owned Shpock, and eBay-owned Gumtree and […]

eBayAdevinta

“After inking a $9.2 billion deal to merge their classifieds businesses last year, eBay and Norway’s Adevinta have announced a deal to sell off three popular web properties in the U.K. to get the deal cleared by local regulators, the Competition Markets Authority. The companies plan to sell off Adevinta-owned Shpock, and eBay-owned Gumtree and […]”
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