
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eBay Sells Classifieds Business to Adevinta
eBay Inc. announced that it has completed the transfer of its Classifieds business to Adevinta in exchange for $2.5 billion in cash and a 44 per cent equity stake in Adevinta, equivalent to approximately 540 million shares. “We are pleased to finalise the deal between Adevinta and eBay Classifieds, where the combination of these two […]