eBay completes sale of Aurelia Netherlands stake for $1.04B

EBAY INC

Sold 96,745,804 ordinary shares of Aurelia Netherlands Topco B.V. for approximately $1.04B in cash.
Buyer is Aurelia UK Feederco Limited, a private company incorporated in England and Wales.
Proceeds earmarked for general corporate purposes: share repurchases, debt repayment, capex, and acquisitions.
eBay will provide a capital allocation update when reporting full-year 2024 results.

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