CLP is advising General Atlantic in offer for Adevinta

CLP has had the pleasure of advising leading global Private Equity firm General Atlantic in connection with the recently announced bid for all shares in Adevinta, as well as on the establishment of a joint bidder company together with Permira, Blackstone, TCV, Schibsted and Ebay. Our advice to General Atlantic has been given together with Weil in London.

The transaction values Adevinta at approximately NOK 141 billion, which makes it the largest ever take-over offer presented in the Norwegian market and one of the largest transactions in Europe in 2023.

We are grateful for the confidence and are proud to have had the opportunity to advice on this landmark transaction.

The CLP team has consisted of Andreas Kildal, Jakob Villum, Joakim Gjerde, Stephan Brodschöll and Magdeli Støten.

Further information about the transaction is available here and here.