Adevinta ASA - NOK 3,309 million - Initial Public Offering
Adevinta comprises what was Schibsted’s marketplaces operations outside of the Nordics that have now successfully been spun off and established as an independent, listed company. Adevinta is a global online classifieds company with generalist, real estate, cars, jobs and other internet marketplaces in 16 countries, connecting buyers seeking goods or services with a large base of sellers. Its portfolio spans 36 digital products and websites, attracting 1.5 billion average monthly visits. Leading brands include top-ranked Leboncoin in France, InfoJobs and Milanuncios in Spain, and 50% of fast-growing OLX in Brazil. We thank Adevinta, Schibsted and the Tinius Trust for the vote of confidence and congratulate on the highly successful transaction.
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