Naspers sells Polish eBay rival Allegro to Permira consortium for $3.3B
October 14, 2016 at 13:49 PM EDT
Earlier this year, it was reported that Naspers, the media and internet holding company, was planning to sell off Allegro, its online auction business based in Poland, and today the deal finally came to pass. A consortium of private equity firms that includes Cinven, Permira and Mid Europa have bought the firm for $3.253 billion. The deal was made after earlier reports pegged eBay, Alibaba… Read More
