Dublin based fund manager Blacksheep Fund Management has bought the stake in Daft.ie, DoneDeal.ie and Adverts.ie owner Distilled Ltd, which was controlled by European online classifieds group, Adevinta.

RTÉ

Ireland

Blacksheep buys stake in Daft and Adverts owner Distilled

A Dublin-based asset manager has bought the stake in three of Ireland's best-known classified advertising platforms that had been owned by the European group Adevinta.

Media Bias/Fact Check

Irish Independent

Mediahuis

Blacksheep buys stake in owner of Daft, DoneDeal and Adverts websites

Government of Ireland

The break-up of one of Europe's biggest classified advertising groups will launch this week with the €500m-plus (£414m) sale of Distilled, a major player in the Irish online ad market.

Ad Fontes Media

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Sky News UK

Roberts family

United Kingdom

Break-up of $13bn Adevinta launches with Blacksheep's Daft swoop

The break-up of one of Europe’s biggest classified advertising groups will launch this week with the €500m-plus (£414m) sale of Distilled, a major player in the Irish online ad market. Sky News has learnt that Adevinta, which was previously listed in Oslo and was taken private by Blackstone and Permira, the private equity firms, a year ago, has agreed to sell Distilled to Blacksheep Fund Management. The deal could be announced as early as Monday…

Blacksheep buys stake in Daft and Adverts owner Distilled

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