EBay Inc.

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Regulatory, Earnings Announcements, Mergers / Acquisitions

Adevinta Welcomes Austrian Regulatory Approval And Commences Closing Of Acquisition Of Ebay Classifieds Group

Published: 06/18/2021 09:06 GMT
EBay Inc. (EBAY) - Reg-adevinta Welcomes Austrian Regulatory Approval and Commences Closing of the Acquisition of Ebay Classifieds Group.
Fca Has Approved Remedies Proposed by Adevinta and Ebay Inc. ("ebay") to Resolve Competition Concerns.
Adevinta Will Make a Further Announcement Once Transaction Has Been Completed.
Closing of Transaction Will Be Initiated Shortly and is Expected to Complete on Or About 25 June 2021.commitments Include a Reduction by Ebay of Its Financial Interest in Adevinta to at Least 33% Within 18 Months Following Closing of Transaction, So As to Reduce Its Indirect Economic Interest in Willhaben.
Revenue is expected to be $3 Billion
Adjusted EPS is expected to be $0.96

Next Quarter Revenue Guidance is expected to be $2.88 Billion
Next Quarter EPS Guidance is expected to be $0.92

More details on our Analysts Page.