UNCOOKED ALERT: Adevinta ASA said to ...
Adevinta ASA, the Norway-listed European classifieds and online marketplace firm, is at the centre of takeover rumours.
People following the situation have heard speculation Adevinta may have attracted interest from an acquirer for some or all of the business.
However, the identity of the company circling Adevinta remains unclear.
Some people following the situation suggested Adevinta ASA might be of interest to some of the parties that participated in the auction of Ebay's European classified business in 2020.
Those participants included Axel Springer, which is owned by American private equity giant KKR, and Prosus, a company backed by South African giant Naspers.
Several other private equity firms - such as Blackstone, SilverLake and General Atlantic - also previously took a look the Ebay classifieds unit when it was for sale in 2020.
Adevinta's largest shareholders include Ebay, private equity firm Permira and Schibsted, a Norwegian media and publishing group.
A lock up that prevents these shareholders from selling their shareholdings in Adevinta is reported to expire on October 14 this year and may provide the catalyst for a deal.