Permira to acquire a 10% stake in Adevinta from eBay for $2.25bn.

Permira, a global investment firm, agreed to acquire a 10% stake in Adevinta, a provider of Internet based services, from eBay, a global commerce company, for $2.25bn. The transaction is expected to close in Q4 2021, once regulatory approvals are secured. “Permira has a strong track record in investing in both online marketplaces and the broader technology sector. We are confident that Permira will be able to use this expertise to support Adevinta in capturing further value for all shareholders and ultimately add to our success as the global online classifieds leader," Rolv Erik Ryssdal, Adevinta CEO.