The deal is valued at USD 9.2 billion, which includes eBay getting USD 2.5 billion in cash and 540 million Adevinta shares, which means that eBay becomes a 44% owner of Adevinta, with a 33.3% voting stake.
Its classified ads, payment services (PayPal, which got spun out as a separate company), and ticketing (Viagogo acquired its Stubhub business in a USD 4 billion deal in 2019) are no longer a part of eBay, as per TechCrunch. The deal is expected to be completed in Q1 of 2021, subject to regulatory and shareholder approvals.
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