Blackstone, Permira Said To Weigh Bid For eBay-Backed Adevinta
Portfolio Pulse from Benzinga Newsdesk
Private equity firms Blackstone Group Inc (BX) and Permira are reportedly considering a bid for Adevinta, a company backed by eBay Inc (EBAY).
September 21, 2023 | 6:57 pm
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POSITIVE IMPACT
Blackstone Group Inc is considering a bid for Adevinta, which could potentially lead to an increase in its assets.
If Blackstone Group Inc acquires Adevinta, it could potentially increase its assets and expand its portfolio. This could positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
eBay Inc's backed company Adevinta is being considered for acquisition by Blackstone Group Inc and Permira, which could potentially affect eBay's investment.
If Adevinta is acquired by Blackstone Group Inc and Permira, it could potentially affect eBay's investment in Adevinta. However, the impact on eBay's stock price is uncertain at this point.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70