Banks Compete with Private Credit Firms for $6.5 Billion Adevinta Acquisition

In a dramatic showcase of financial prowess, major banks are vying for a pivotal role in the funding of Adevinta's monumental $6.5 billion acquisition of eBay’s Classified Ads business. This transaction not only underscores the growing competition between traditional banks and the fast-expanding private credit sector but also reflects the shifting dynamics within the lending landscape as financial institutions grapple with the evolving needs of large-scale transactions.

Continue reading