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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.