Scout24 Expresses Interest in eBay’s Classifieds Business

Scout24, the Germany-based autos and property marketplace, expressed an interest on Monday in acquisitions if eBay sells its classifieds business following pressure from activist investors to do so. “That is a concrete example we are looking at,” CEO Tobias Hartmann told journalists after Scout24 reported double-digit growth in revenue and profits last year. Scout24 is itself the target of a EUR 5.7 billion ($6.4 billion) friendly takeover by private equity firms Hellman & Friedman and Blackstone amid churn in the classifieds sector as players seek scale. CFO Christian Gisy said Scout24 expected…

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