Distilled's shareholders are actively exploring sale options, potentially valuing the business at €600 million, marking Adevinta's first disposal since going private.
Active discussions among Distilled's owners indicate a potential restructured shareholder arrangement, with Distilled Media Group considering maintaining a stake post-sale.
With 2.5 million monthly users and 70,000 properties listed, Daft.ie under Distilled is poised to attract bidders, particularly private equity firms.
The recent surge in acquisition activity among property classifieds heightens investor interest, as seen in notable deals like Cinven’s acquisition of Idealista.
Collection
[
|
...
]