---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-24-000370"
form_type: "8-K"
ticker: "EBAY"
cik: "0001065088"
company_name: "EBAY INC"
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:35:13.378095+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# eBay closes Adevinta ASA stake sale: $2.4B cash + TopCo shares

## Summary
- Sold 227M Adevinta shares to BidCo 1 for ~$2.4B cash, and 177M shares to TopCo for TopCo equity.
- Cash proceeds earmarked for share repurchases, debt repayment, capex, and M&A.
- Next capital allocation update expected with Q2 2024 earnings results.
- Transaction closed May 29, 2024; previously disclosed on Nov 21, 2023 and amended May 10, 2024.
- Counterparties: Aurelia BidCo 1 Norway AS and Aurelia Netherlands TopCo B.V.

## SEC filing metadata
- accession: 0001552781-24-000370
- form_type: 8-K
- ticker: EBAY
- cik: 0001065088
- company_name: EBAY INC
- filed_at: 2024-05-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065088/000155278124000370/0001552781-24-000370-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065088/000155278124000370/e24269_ebay-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-24-000370
- JSON: https://secwatch.observer/filing/0001552781-24-000370.json
- Plain text: https://secwatch.observer/filing/0001552781-24-000370.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.