South Africa’s Naspers sells an internet company for US $3.2 Billion

By L.S.M Kabweza

South African owned but globally operated internet and entertainment group Naspers has announced that it has sold one of its internet companies Allegro, for US$3.253bn. Though initially intimated earlier in the year that either Alibaba or Ebay would buy, Allegro was sold to a consortium of private equity firms that includes Cinven, Permira and Mid Europa. If you don’t know […]

Articles appeared first on Techzim;
South Africa’s Naspers sells an internet company for US $3.2 Billion