QXL Ricardo is this week expected to sell after a £750m-plus bid from surprise buyer Naspers, the South African media group.When the online auctioneer revealed it was in offer talks in November, both eBay and Chinese web service Alibaba.com were tipped as the mystery bidder.Naspers is expected to pay around £17 a share for QXL which is changing its name to Tradus - compared with Friday’s closing price of £16.55, up 25p. Briefly worth £2bn before the dotcom bubble burst.

Posted: 12|17|07 at 5:18 pm. Filed under: Auction News.