PARIS (dpa-AFX) - SoLocal Group said Thursday that it has begun exclusive negotiations with Wengo, a subsidiary of Vivendi (VIV.L, VIVEF.PK), for the sale by SoLocal Group of all shares of Sotravo.
Sotravo develops online quotation request services to building and housing professionals.
The negotiation is part of the divestment plan of unprofitable and not growing Internet businesses.
Copyright RTT News/dpa-AFX