Green light for £1bn takeover deal

A near £1bn (€1.3bn) takeover for the online auctioneer Tradus by South African media firm Naspers cleared a regulation hurdle today.

Green light for £1bn takeover deal
Mon, 18 Feb, 2008 - 19:02

A near £1bn (€1.3bn) takeover for the online auctioneer Tradus by South African media firm Naspers cleared a regulation hurdle today.

The deal was given the green light by competition chiefs in Poland, one of Tradus’ main operating bases, the firm said.

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CourtsBusinessHeathrowPlace: PolandPlace: AfricaPlace: ChinaPlace: RussiaPlace: centralPlace: USPerson: President of the OfficePerson: Tim JacksonOrganisation: TradusOrganisation: NaspersOrganisation: Tradus’Organisation: QXL RicardoOrganisation: for the Protection of Competition andOrganisation: Financial TimesOrganisation: NasperOrganisation: MultichoiceOrganisation: MicrosoftOrganisation: Facebook
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