Canada Pension Plan Investment Board

eBay Completes Sale of Skype Unit to Investor Group

Authored by Mark Hefflinger on November 20, 2009 - 9:34am.

San Jose, Calif. - Nearly three months after first announcing the deal, online auction giant eBay (NASD: EBAY) said that it has completed the sale of a majority stake in its Skype Internet telephone business to an investment group headed by Silver Lake Partners. Under the deal, the investor group -- which also included Joltid Limited, the Canada Pension Plan Investment Board and Andreessen Horowitz -- paid $1.9 billion and a $125 million note in exchange for a 70% stake in the unit.

eBay Sells 65% Stake in Skype to Investor Group for $1.9B

Authored by Mark Hefflinger on September 1, 2009 - 7:12am.

Menlo Park, Calif. - Online auction giant eBay (NASD: EBAY) announced on Tuesday that it has agreed to sell a majority 65% stake in its Skype Internet telephone unit to an investor group led by Silver Lake for about $1.9 billion in cash. Other members of the investor group include Index Ventures, Andreessen Horowitz and Canada Pension Plan Investment Board. The deal values Skype at $2.75 billion.