(Reuters) – Permira and Blackstone on Tuesday said that they will acquire eBay-backed online classifieds group Adevinta ASA for about 141 billion Norwegian crowns ($13.06 billion).
The companies have offered to pay Adevinta shareholders 115 Norwegian crowns per share.
As part of the deal, eBay said it would sell 50% of its shares for an estimated $2.2 billion and would exchange the remaining shares for an equity stake of about 20% in the newly privatized company.
Norway’s Adevinta had set up an independent committee in October to review an acquisition offer from an investor consortium led by Permira and Blackstone.
($1 = 10.7960 Norwegian crowns)
(Reporting by Shivani Tanna in Bengaluru; Editing by David Goodman and Marguerita Choy)