The deal is part of Axel Springer's strategy of streamlining its classifieds portfolio to focus on jobs site Stepstone and property classifieds group Aviv, known for sites such as Seloger and Immowelt, it said, adding that it would retain a minority shareholding in Groupe La Centrale.

Financial terms of the deal were not disclosed.

(Reporting by Arno Schuetze; Editing by Riham Alkousaa)