EBay is moving toward a potential sale of its classified-ads business, which could be worth roughly $10 billion, say people familiar with the matter
Private-equity firms including TPG and Blackstone Group Inc. and strategic bidders including Naspers Ltd. and German publishing company Axel Springer SE have recently expressed interest in the business, the people said.
The company has also started reaching out to other potential buyers.Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WSJ News Exclusive | Mexico Is Investigating Ex-President Enrique Peña Nieto, Top Official SaysMexican law-enforcement officers are investigating former President Enrique Peña Nieto as part of the country’s highest-profile corruption case in years, a senior Mexican judicial official said.
Read more »
WSJ News Exclusive | Sprint, T-Mobile Near Agreement on New Merger TermsSprint and T-Mobile are close to agreeing on new terms for their merger, according to people familiar with the matter, as the wireless carriers race to close the deal after overcoming a federal court challenge.
Read more »
WSJ News Exclusive | Trump Administration Plans to Raise Seasonal-Worker CapThe Trump administration plans to allow 45,000 additional seasonal guest workers to return to the U.S. this summer, the highest number of the president’s tenure, according to three administration officials
Read more »
WSJ News Exclusive | Sprint, T-Mobile Revise Merger TermsSprint and T-Mobile have agreed on new terms for their merger, as the wireless carriers race to close the deal after overcoming a federal court challenge.
Read more »
WSJ News Exclusive | Google Resists Demand From States in Digital-Ad ProbeThe search-engine company is reluctant to surrender some documents sought by investigators looking into possible anticompetitive practices.
Read more »
WSJ News Exclusive | Global Terror-Finance Watchdog Set to Sanction IranA global terror-finance watchdog agency is set to blacklist Iran, broadening a U.S. effort to isolate Tehran financially and potentially straining the already sanctions-battered Iranian economy.
Read more »