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Adevinta ASA (ADE) – Initiation of a share buyback
Oslo, 3 March 2020 – Adevinta ASA (“Adevinta” or the “Company”) has decided to initiate a buyback of up to…
→ Read articleAdevinta ASA (ADE) and eBay Issue Update on Proposed Transaction of eBay Classifieds Group
Adevinta further optimises its portfolio by divesting Yapo in Chile
Proposed Acquisition of eBay Classifieds Group: Update from the UK Competition & Markets Authority
Adevinta ASA (ADE) – Initiation of a share buyback
Oslo, 3 March 2020 – Adevinta ASA (“Adevinta” or the “Company”) has decided to initiate a buyback of up to 1,700,000 of its own shares. The shares are to be used as settlement in the Company’s share-based incentive schemes as well as employee share saving plans. The buybacks will
Adevinta ASA (ADE) and eBay Issue Update on Proposed Transaction of eBay Classifieds Group
The UK Competition and Markets Authority accepts remedies in principle Oslo, 2 March 2021 – Today, Adevinta ASA (ADE) (“Adevinta”) confirms that the UK Competition and Markets Authority (CMA) has announced that it considers there are reasonable grounds to believe that the remedies presented by Adevinta and eBay address their
Adevinta further optimises its portfolio by divesting Yapo in Chile
Oslo, 24 February 2021 – Adevinta ASA has sold its online classifieds business Yapo in Chile to Frontier Digital Ventures (FDV). The new owner previously acquired Adevinta’s assets Avito (Morocco), Tayara (Tunisia), and Fincaraíz (Colombia) in October 2020. Rolv Erik Ryssdal, CEO Adevinta, said: “I am very proud of
Adevinta
Proposed Acquisition of eBay Classifieds Group: Update from the UK Competition & Markets Authority
Oslo, 16 February 2021 – Today, Adevinta ASA (ADE) (“Adevinta” or the Company”) confirms that the UK Competition and Markets Authority (CMA) has announced that it has concerns that Adevinta’s proposed acquisition of eBay Classifieds Group from eBay Inc (“eBay”) could reduce competition in the UK, following its Phase 1
Adevinta
Adevinta reports solid performance despite a challenging environment in Q4
Flat yoy total revenues1 at €200m, with online classifieds revenues1 up 4% yoy, benefiting from growing contribution from transactional revenues EBITDA margin1 slightly decreasing yoy at 25.6% due to acceleration of investments through Q4, in line with expectations Accelerated deployment of transactional solutions Further progress towards completion of the eBay
Adevinta
Invitation to the presentation of the Q4 2020 results
Oslo, 4 February 2021 – You are cordially invited to participate in the presentation of Adevinta ASA’s Q4 2020 report on Thursday 11 February 2021. Quarterly Earnings Release Time: 11 February 2021 at 07:00 CET Report for the fourth quarter 2020, presentation materials, and spreadsheet with key figures and analytical