LONDON/FRANKFURT, Jan 22 (Reuters) - Buyout groups

Permira and Blackstone are weighing a multi-billion-euro

initial public offering of German online auto marketplace

Mobile.de, three people with knowledge of the situation said.

Mobile.de is a subsidiary of Norway's Adevinta, which was

taken private in a 2023 $13.1-billion buyout by a consortium led

by the two private equity shareholders.

The groups have been talking to advisers about a possible

listing in 2026, two of the people said. One of the people said

the company could be worth as much as 10 billion euros ($10.42

billion). A second person said a listing was likely to be in

Frankfurt.

The talks are at an early stage and may not lead to a

transaction, the people cautioned, who spoke on condition of

anonymity because the matter is private.

Blackstone and Permira declined to comment. Mobile.de did

not immediately return requests for comment.

A deal would mark one of the most significant divestments

for Adevinta, which was once the world's biggest classifieds

group, since it was taken private.

Mobile.de generated 400 million euros ($416.76 million) of

revenue and 240 million euros in earnings before interest, tax,

depreciation and amortisation in 2023, according to company

results published on its website.

The shareholders are still working to separate the assets

within Adevinta, which may take a year as it involves separating

shared information technology systems, a fourth person said.

Adevinta has been pursuing sales of its holdings, including in

Distilled, which owns property site Daft.ie.

($1 = 0.9598 euros)