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Vend Confirms Competition Authority Inspection at Nettbil Premises

Story Highlights
  • Vend Marketplaces ASA confirms that the Norwegian Competition Authority inspected Nettbil’s premises.
  • The company emphasizes regulatory compliance and full cooperation while declining further comment on the probe.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vend Confirms Competition Authority Inspection at Nettbil Premises

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Vend Marketplaces ASA ( (GB:0R9I) ) just unveiled an announcement.

Vend Marketplaces ASA has confirmed that Norway’s Competition Authority carried out inspections at the Norwegian premises of Nettbil, one of Vend’s marketplace businesses, while noting that no inspections were conducted at its FINN operation. The company stressed its commitment to legal and regulatory compliance across all its brands and stated it is cooperating fully with the authorities, while declining to provide further details on the investigation out of respect for the regulator’s ongoing work.

The most recent analyst rating on (GB:0R9I) stock is a Buy with a NOK375.00 price target. To see the full list of analyst forecasts on Vend Marketplaces ASA stock, see the GB:0R9I Stock Forecast page.

More about Vend Marketplaces ASA

Vend Marketplaces ASA is a Nordic-focused marketplaces group operating digital platforms in mobility, real estate, jobs and recommerce, aiming to deliver seamless online experiences while promoting sustainable value creation and long-term growth for stakeholders and society. The company also holds a 14% ownership stake in Adevinta, a former spin-off that is now privately owned by a consortium of investors.

Average Trading Volume: 511,719

Current Market Cap: NOK55.54B

See more insights into 0R9I stock on TipRanks’ Stock Analysis page.

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