A Blackstone-backed (BX) group is looking into a potential takeover of European online classifieds company Adevinta, which is backed by eBay (EBAY), Bloomberg’s Silas Brown, Dinesh Nair, and Swetha Gopinath report, citing people with knowledge of the matter. The investor consortium, which also includes Permira, has been examining a potential deal to take Adevinta private, the authors note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on BX:
- Blackstone-backed group exploring bid for eBay-backed Adevinta, Bloomberg says
- Blackstone put volume heavy and directionally bearish
- Blackstone to replace Lincoln National in S&P 500 at open on 9/18
- Blackstone being added to S&P 500 a ‘major milestone,’ says Morgan Stanley
- Blackstone put buyer realizes 47% same-day gains