Adevinta buys eBay's classifieds unit in $9.2 bln deal
By Nerijus Adomaitis and Pamela Barbaglia OSLO/LONDON, July 21 (Reuters) – U.S.firm eBay Inc has agreed to sell its classified ads business to Norway’s Adevinta in a deal worth $9.2 billion, creating the world’s largest classifieds group, the companies said on Tuesday. Under the deal, eBay will receive $2.5 billion in cash and 540 million …
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