Jul
16

EBay Is Said to Be Near Sale of Enterprise Unit for $900 Million

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AN FRANCISCO — EBay is close to selling its Enterprise unit for roughly $900 million to a consortium led by the private equity firm Permira, according to a person with knowledge of the matter.

A deal could be announced as soon as Thursday, said the person, who declined to be named because the discussions are confidential. The final details for a sale have not been ironed out, the person added.

A spokeswoman for eBay declined to comment, as did a spokesman for Permira. The talks to sell the Enterprise unit to Permira were earlier reported by The Wall Street Journal.

Any deal would come on the eve of eBay’s split into two entities, with the company set to spin off its PayPal payments unit from its online marketplace business. EBay is scheduled to report quarterly earnings on Thursday, its last financial report before officially spinning off PayPal on Friday…

EBay Is Said to Be Near Sale of Enterprise Unit for $900 Million

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