eBay nearing deal to sell enterprise unit for about $900 million: WSJ

Reuters News
Posted: Jul 15, 2015 10:32 PM

(Reuters) - E-commerce company eBay Inc is nearing a deal to sell its enterprise business to a consortium led by private-equity firm Permira for about $900 million, the Wall Street Journal reported, citing people familiar with the matter.

The deal could be announced by Thursday, along with the company's second-quarter results, the Journal reported.

The people said there was no guarantee a deal would be reached, the newspaper reported.

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John Stossel

(Reporting by Ankush Sharma in Bengaluru; Editing by Anupama Dwivedi)