Buy
Sell
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
  -0.54 -0.88% 60.90 60.65 60.70 10,258 12:30:49

UK Regulator Starts Investigation Into EBay's Classified-Ads Business Sale to Adevinta

17/12/2020 9:47am

Dow Jones News


eBay (NASDAQ:EBAY)
Historical Stock Chart


From Nov 2020 to May 2021

Click Here for more eBay Charts.

By Ian Walker

 

The U.K. Competition and Markets Authority said Thursday that it is starting an investigation into Adevinta ASA's acquisition of eBay Inc.'s classified-ads business to see if the deal will lead to a lessening of competition in the country.

The regulator has set a deadline of Feb. 16 for a decision.

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 17, 2020 04:32 ET (09:32 GMT)

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

1 Year eBay Chart

1 Year eBay Chart

1 Month eBay Chart

1 Month eBay Chart
ADVFN Advertorial
Your Recent History
NASDAQ
EBAY
eBay
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210511 11:47:32