EQT's Trading Volume Surges 123.72% to Rank 118th Amid €2.0 Billion Acquisition of Adevinta Spain

On July 21, 2025, EQT's trading volume reached 8.02 billion, marking a significant 123.72% increase from the previous day. This surge placed EQT at the 118th position in terms of trading volume for the day. However, despite the high trading volume, EQT's stock price experienced a decline of 9.55%.

EQT X fund has agreed to acquire Adevinta's Spanish operations, which include leading Spanish online classifieds platforms such as Coches.net, Fotocasa, InfoJobs, Habitaclia, and Milanuncios. The transaction, valued at around €2.0 billion ($2.3 billion), is expected to close in the first quarter of 2026. This acquisition aligns with EQT's strategy of investing in high-growth platforms and partnering with world-class management teams. The deal is subject to customary conditions and approvals.

EQT aims to support the continued growth momentum of Adevinta Spain's various platforms, leveraging its strong digital expertise and extensive global track record in the online classifieds sector. The acquisition is part of a wider breakup plan by Adevinta's owners, who have already disposed of other assets and are considering an IPO for Germany-based auto marketplace Mobile.de. This transaction marks a return of focus on Spain for EQT, which sold its majority stake in real estate marketplace Idealista last year. However, EQT retains an 18% shareholding in Idealista, raising questions about potential future mergers or regulatory requirements.