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Allen & Overy Advises Naspers on Sale of CEE Comparison Shopping Engines

Allen & Overy Advises Naspers on Sale of CEE Comparison Shopping Engines

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Allen & Overy has advised South Africa-based Internet and entertainment group Naspers on its sale of the comparison shopping engines Arukereso.hu, Compari.ro, and Pazaruvaj.com to the Rockaway Group. Dentons reportedly advised the buyers on the deal, which consolidated the e-commerce markets within the CEE region.  

According to Allen & Overy, "following the transaction, Rockaway holds the leading position in the comparison shopping markets in five CEE countries."

As reported by CEE Legal Matters in October 2016, Allen & Overy previously advised Naspers on its USD 3.253 billion sale of the Allegro Group, the largest online marketplace and non-food shopping destination in Poland, to a consortium of funds consisting of Cinven, Permira, and Mid Europa. 

Dentons did not reply to our inquiry on the matter.

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Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

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