Adevinta gains amid takeover speculation
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Adevinta (OTCPK:ADEVF) rose as much as 4.4% in Oslo amid speculation the Norwegian classifieds company may be a takeover target.
Adveninta may have interest from a potential buyer for some or all of its business, according to a Betaville "uncooked" alert on Wednesday. The identity of the possible acquirer wasn't known.
Some potential buyers who participated in the sale of EBay's (EBAY) European classifieds business in 2020 include KKR's Axel Springer and Prosus, a company that's backed by South Africa's Naspers (OTCPK:NPSNY). Other PE firms, such as Blackstone (BX), Silver Lake, and General Atlantic, also looked at Ebay's classified unit.

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