Etsy's sale of Depop to eBay cleared by UK CMA; closing expected July 30, 2026

ETSY INC

UK Competition and Markets Authority cleared the transaction on July 15, 2026.
Closing expected on July 30, 2026, subject to satisfaction of remaining conditions.
Termination fee reset: $68M if terminated after June 30 but on/before July 15; $158M after July 15.
Lockbox date set to July 17, 2026; purchase price adjusted as of that date.
Buyer to pay interest on closing purchase price at SOFR + 0.40% from lockbox date to closing.

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