Arctic Securities acted as Joint Bookrunner and Financial Advisor to the Tinius Trust in relation to the initial public offering of Adevinta ASA and the listing of the company’s shares on the Oslo Stock Exchange.
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.