July 21 (Reuters) - Norwegian online classifieds group
Adevinta said on Monday it had sold its Spanish business to
Swedish private equity firm EQT, to focus more on the
rest of its European units for an undisclosed amount.
The deal includes the sale of brands such as job-search platform
Infojobs and real estate website Fotocasa, and it could be worth
more than 2 billion euros ($2.33 billion) in a sale, Reuters
previously reported.
Adevinta's Spanish unit comprises six different marketplaces
including a classified site for second-hand cars and motorbikes
coches.net and motos.net.
Norway's Adevinta, acquired by a consortium led by
Blackstone and Permira, also owns German online car sale
webpage mobile.de and French and Italian second-hand
marketplaces Leboncoin and Subito.
In 2020, EQT bought Spanish real estate ads platform
Idealista and sold it four years later, keeping a minority
stake.
($1 = 0.8591 euros)
(Reporting by Javi West, editing by Inti Landauro and Chizu
Nomiyama )