Industry News, Trustworthy Insights

Popular Companies:

Blackstone’s Potential Mega Buyout: A Closer Look at the Adevinta ASA Bid

A consortium of private equity firms, including Blackstone Inc. and Permira, is reportedly considering a takeover bid for Adevinta ASA, a European classifieds company.

Signage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021. Photo: File Photo
Signage is seen outside Blackstone headquarters in Manhattan, New York, U.S., November 12, 2021. Photo: File Photo

This potential offer could be one of the largest buyouts of the year. Adevinta confirmed receiving a non-binding proposal for the acquisition of all its shares.

In a statement, Adevinta disclosed that its major shareholders, eBay Inc. and Norwegian media group Schibsted ASA, have expressed their support for the proposal and will maintain a portion of their current stakes.

Industry news used by professionals

Try £4.99 per month

Already a member?
Weekly Digest

All the week’s industry events straight to your inbox.

Before your sign up, please read terms of use and privacy policy.

Trending

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to our terms of use and privacy policy.

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Password Reset

You will soon receive a Reset Password link

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to terms of use and privacy policy.

Send us your article

[formidable id=3]