The Times is reporting UK online auction site QXL Ricardo has received a takeover approach, "which may or may not lead to an offer being made for the company." The newspaper speculates eBay may be a bidder.
QXL Ricardo derives three quarters of its revenue from Eastern Europe, much of it derived from its Polish operation, and is the market leader in Switzerland, according to the paper.
The Times is reporting UK online auction site QXL Ricardo has received a takeover approach, "which may or may not lead to an offer being made for the company." The newspaper speculates eBay may be a bidder. 
