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    ADE — Adevinta ASA News Story

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    Brief: Adevinta To Sell Units In Australia

    Picture of Adevinta ASA logoAdevinta ASA
    25/08/2022 07:33
    Aug 25 (Reuters) - Adevinta ASA  ADEA.OL :
    * REG-ADEVINTA ASA (ADE) - ADEVINTA ANNOUNCES SALE OF
GUMTREE
AUSTRALIA, CARSGUIDE AND AUTOTRADER AUSTRALIA
    * HAS SIGNED AN AGREEMENT FOR SALE OF GUMTREE AUSTRALIA,
CARSGUIDE
AND AUTOTRADER AUSTRALIA TO MARKET HERALD
    * TRANSACTION IS EXPECTED TO CLOSE BY BEGINNING OF Q4 2022
    * PROCEEDS FROM TRANSACTION WILL BE USED TO IMPROVE
ADEVINTA'S
LEVERAGE RATIOS

Source text for Eikon:  ID:nGNE6j64WB 
Further company coverage:  ADEA.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))

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