- (PLX AI) - Adevinta announces sale of Gumtree Australia, CarsGuide and Autotrader Australia.
- • Adevinta says total cash consideration for its Australian portfolio was $60 million
- • This sale is part of Adevinta's strategy to focus on driving growth in its five core European markets: Benelux, France, Germany, Italy and Spain
- • The transaction is expected to close by the beginning of Q4 2022
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