Ebay close to selling $10 billion classified-ads business

Ebay has seen its share price jump more than two per cent after reports emerged that it was in talks with multiple parties regarding the sale of its classified-ads business.
According to a report from The Wall Street Journal its classified-ads business, which primarily operates internationally, could be sold for up to $10 billion (£7.8 billion).
Ebay has reportedly begun reaching out to a range of potential buyers, while major private equity firms including TPG and Blackstone Gro