OSLO, April 10 (Reuters) - Adevinta's ADEA.OL ADEB.OL shares jumped on Wednesday as the online advertising group made its market debut in Oslo, a day after completing Norway's most valuable initial public offering in 13 years.
The fast-growing classified ads company was spun off from media firm Schibsted SBSTA.OL late on Tuesday, selling so-called class B shares at 78 Norwegian crowns each. B shares traded at 83.6 crowns shortly after opening on the Oslo Bourse on Wednesday, an increase of 7.2 percent from the IPO.