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EBAY eBay Inc

50.34
0.39 (0.78%)
After Hours
Last Updated: 23:18:01
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
  0.39 0.78% 50.34 50.30 50.59 51.02 50.00 50.23 4,296,191 23:18:01

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

17/12/2020 9:47am

Dow Jones News


eBay (NASDAQ:EBAY)
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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.

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