Yad2, Israel's largest classified ads website, sold to Axel Springer for $234 million
Sale of online classified site will leave controlling shareholder Bezeq with giant capital gain.
Yad2, Israel’s largest classified ads website, is being sold to Germany’s Axel Springer Digital Classified for a price that could reach as much as 806 million shekels ($234 million), the website’s owner, Bezeq, said on Tuesday.
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