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Adevinta's concessions in eBay Classifieds Group deal considered by UK's CMA

( March 2, 2021, 07:17 GMT | Official Statement) -- MLex Summary: Adevinta has offered to divest its Shpock business and eBay's UK Gumtree business, including Motors.co.uk, to address the UK Competition and Markets Authority's concerns about its $9.2 billion purchase of eBay Classifieds Group from eBay. The CMA now has until April 29 to decide whether to accept the proposal, with the possibility to extend this timeframe to June 28 if it considers there are special reasons for doing so.Statement follows. The document is attached....

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