Bidders For eBay Classifieds Unit Ready To Pay Up To $2.6B
PYMNTS
JUNE 24, 2020
Those who are left taking part in the auction are Adevinta ASA, Prosus NV, and a group composed of Blackstone Group Inc., It has valuation exceeding 20 times earnings before interest, tax, depreciation and amortization (EBITDA). With the last bids due in early July for eBay Inc.’s billion worth of debt to finance the transaction.
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