Market Overview

eBay Agrees to Acquire Shares in Turkey's GittiGidiyor (EBAY)


eBay (NASDAQ: EBAY) today announced that it has agreed to acquire additional shares in GittiGidiyor, the leading online marketplace in Turkey. The deal follows eBay's acquisition of a minority stake in the company in 2007. Upon closing of the transaction, eBay will own approximately 93% of the outstanding shares of GittiGidiyor. Terms of the deal were not disclosed.

Posted-In: News M&A


Related Articles (EBAY)

View Comments and Join the Discussion!