A buyout consortium is reconsidering its pursuit of European online classified ads company Adevinta ASA (OTCPK:ADEVF) due to an inability to bridge a price gap with the buyers and sellers. A consortium backed by private equity firms Permira and Blackstone Inc. (BX) plans to take the deal back to its investment committee, according to a Bloomberg report on Sunday, which cited people familiar with the matter. The market outlook has declined significantly since news of the bid first came out last month. Adevinta is backed by EBay and has a market cap of about $11.4 billion.