WSJ News Exclusive | EBay Nears Deal to Sell Classified-Ads Unit to Adevinta
WSJ News Exclusive | EBay Nears Deal to Sell Classified-Ads Unit to Adevinta
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EBay Inc. is in advanced talks to sell its classified-ads business to Norway’s Adevinta ASA, according to people familiar with the matter, as the online auction pioneer seeks to refocus on its core marketplace business.
A cash-and-stock deal could be announced as soon as Monday assuming the talks don’t fall apart, the people said. The price of the deal couldn’t be learned but the eBay…
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