Naspers - Olx Group acquires La Centrale
OLX Group ("OLX"), a global online classifieds leader wholly-owned by Prosus N.V. (Prosus, and together with its subsidiaries, the Prosus Group) (which is majority-owned by Naspers), announced it has entered into an agreement to acquire La Centrale, a leading French autos classifieds platform, from Providence Equity Partners LLC for EUR1.1 billion. Closing is expected by year-end, subject to a customary employee consultation process.
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