By Ian Walker

The U.K. Competition and Markets Authority said Wednesday that it is considering whether Adevinta ASA's acquisition of eBay Inc.'s classified-ads business will create a merger situation, and is inviting comments from interested parties before it makes a final decision.

The regulator said parties have until Dec. 16 to offer any comment.

EBay agreed to sell its classified-ads business to Norway's Adevinta ASA for $9.2 billion in cash and stock in July.

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

December 02, 2020 03:22 ET (08:22 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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