Reduce ownership stake in Adevinta to 33% or less
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 25 Jun 2021
- Due
- 25 Dec 2022
- Delivered
- November 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The Company has agreed to reduce its ownership stake in Adevinta to 33% or less over the next 18 months”
What we found
Evidence strength A What the grades mean
eBay completed the sale of shares in Adevinta in November 2021, which reduced its ownership stake to 33%, meeting the commitment before the December 2022 deadline.
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A eBay Inc. 10-K filed 2023-02-23
“In November 2021, we completed the previously announced sale of approximately 135 million of our voting shares in Adevinta to Astinlux Finco S.à r.l. (“Permira”)... At the close of the sale inclusive of the option exercised, our ownership in Adevinta was reduced to 33%.” ✓ confirmed on the page
Market reaction: the shares moved -4.1% against the S&P 500 over the three sessions around the disclosure (22 Feb 2023 to 27 Feb 2023). What this measures
Checked 17 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Transaction other
- Indicative materiality
- Medium rules
- Action
- Reduce
- Deliverable
- Adevinta ownership stake
- Target
- 33 %
- In the company’s control
- High
- Specificity
- High
- Conditional
- Yes: as part of remedies it proposed to resolve the competition concerns raised by the Austrian regulatory authorities
- Depends on
- Regulatory
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-EBAY-012658 · Corrections policy