Global buyers line up for Naspers' $2.2 bln Allegro sale: Reuters

South Africa's Naspers is set to receive at least four bids for Allegro in a deal that could value Eastern Europe's No.1 auction website at up to US$2.2 billion, sources familiar with the talks told Reuters. The four bidders are expected to submit offers for "the Polish eBay" ahead of a Tuesday deadline for first-round bids. The sources said Advent International had teamed with U.S. private equity fund Hellman & Friedman; Apax Partners with Canada Pension Plan Investment Board; Cinven with Permira; and CVC Capital Partners with U.S. buyout group General Atlantic.

19 September 2016•2 mins read
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