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10	member 12/27/23 5:31PM Re: Re: Re: Re: Re: Blackstone/Permira news 9
Just circling back on this - it seems given the news media disposal the main driver of the price / stake sale calculus was getting Tinius Trust enough cash to afford a reasonable price for... login to read the rest view available tags
9	member 9/28/23 9:22AM Re: Re: Re: Re: Blackstone/Permira news 8
I take a different view Patroclus. I believe Schibsted would want to sell its entire stake, but is dynamic based on the actual clearing price of the asset. At a higher price for Adevinta, the... login to read the rest view available tags
8	member 9/28/23 8:28AM Re: Re: Re: Blackstone/Permira news 6
I think it depends on the price tbh. Ebay / Schibsted likely to sell more at higher bid prices, less at lower prices. It's not the concern of Ebay / Schibsted's boards to help the... login to read the rest -1 view available tags
7	member 9/22/23 8:55PM Re: Re: Re: Blackstone/Permira news 6
Congrats to whoever got involved before this. I was anticipating a real dislocation after October lock-up expiry to scoop it up on a technical discount, oh well, it's life view available tags
6	member 9/22/23 4:18AM Re: Re: Blackstone/Permira news 5
Why do you think ebay/schibsted would retain so much of the equity? I think it would be far lower than that, perhaps 10% each. It's just so the equity check isn't as large. They are... login to read the rest view available tags
5	member 9/22/23 4:01AM Re: Blackstone/Permira news 3
"Adevinta confirms that it has received a non-binding indicative proposal from a consortium led by Permira and Blackstone regarding apotential offer for all shares of the Company. eBay and Schibsted, who have expressed their support... login to read the rest view available tags
4	member 9/21/23 3:23PM Re: Blackstone/Permira news 3
They will likely be good with NOK 110+ view available tags
3	member 9/21/23 3:15PM Blackstone/Permira news
Patroclus, do you have any view on the reporting that Blackstone and Permira are exploring an acquisition of the company? What price do you think would be acceptable to Schibsted and eBay? 1 view available tags
2	member 9/18/23 10:57AM Re: Disagree 1
gtwt, could you please clarify what you're referring to by the evidence that is reinforcing your view that horizontal platforms are a thing of the past? I agree that it's unlikely a new horizontal platform... login to read the rest view available tags
1	member 9/17/23 4:16PM Disagree
> Adevinta comprises mostly horizontal platforms. This is key here. Horizontal platforms, in my opinion, are a thing of the past. There was a place and time to build them into dominant local players (i.e. Finn, Avito,... login to read the rest 2 view available tags

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			2023	2024
Price:	79.15	EPS	3.14	3.85
Shares Out. (in M):	1,218	P/E	25.2	20.5
Market Cap (in $M):	96,373	P/FCF	23.2	20.2
Net Debt (in $M):	22,984	EBIT	6,285	7,715
TEV (in $M):	119,357	TEV/EBIT	19.0	15.5

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