Newspapers in the UK are reporting that Naspers may be in talks to acquire online auction site QXL Ricardo. Naspers is a media group based in South Africa.

The Financial Times reported today that an agreement between QXL's owner Tradus and Naspers could be reached before Christmas (http://www.ft.com/cms/s/0/68866a44-ac41-11dc-82f0-0000779fd2ac.html).

It had been reported earlier that QXL, which has a big presence in Poland and some other Eastern European countries, was in talks with rivals eBay or Alibaba.