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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.

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