Naspers Sells Firm It Planned To Merge With eMag; Decides To Focus On eMag

10.26.2015 By Ecaterina Craciun

South African global internet and media company Naspers announced Monday that it sold its stakes in two companies in Central and Eastern Europe to a Czech investment firm for $201 million, among which, online retailer Netretail, after its failed merger with Romanian online retailer eMag.

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