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EBAY eBay Inc

51.40
0.22 (0.43%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
eBay Inc NASDAQ:EBAY NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.22 0.43% 51.40 51.40 51.60 51.49 50.56 50.66 4,461,329 00:49:06

UK Regulator Mulling Probe into eBay's Classified-Ads Business Sale to Adevinta

02/12/2020 8:37am

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By Ian Walker

 

The U.K. Competition and Markets Authority said Wednesday that it is considering whether Adevinta ASA's acquisition of eBay Inc.'s classified-ads business will create a merger situation, and is inviting comments from interested parties before it makes a final decision.

The regulator said parties have until Dec. 16 to offer any comment.

EBay agreed to sell its classified-ads business to Norway's Adevinta ASA for $9.2 billion in cash and stock in July.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

December 02, 2020 03:22 ET (08:22 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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