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

Post date: 2021-03-03 03:03:02
Views: 186
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 UK to get the deal cleared by local regulators, the Competition Markets Authority. The companies plan to sell off Adevina-owned Shpock, and eBay-owned Gumtree and
Please click Here to read the full story.
 
Other Top and Latest Questions:
Delta CEO sees record earnings in reach again thanks to high-end travel demand
Fanatics to launch sports media and entertainment studio
BNY raises profit target as CEO Robin Vince says 'turnaround' is taking hold
Buy this social media stock with lots of upside thanks to AI, says Evercore ISI
Salesforce releases updated Slackbot powered by Anthropic's AI model
Stocks making the biggest moves premarket: L3Harris, JPMorgan, Delta, Intel, AMD and more
New York offshore wind project to resume construction after judge lifts Trump suspension
Cloudflare acquires AI data marketplace Human Native
AI startup Replit launches feature to vibe code mobile apps
India’s exports to China surge in December while shipments to U.S. decline as Trump tariffs bite