10 Sep 2010
By Gérard Esteve and Linda Karrlson
German publisher Axel Springer AG is acquiring a 12.4 percent share of Seloger.com SA
, a leading operator of property classifieds portals in France, and is making moves to acquire the remainder.
Axel Springer is paying cash to buy about 2 million shares from a group that includes Seloger founders Am