Monday, 6 September 2010
Naspers to take 28.7pct stake in Russia's Digital
Wednesday, 14 July 2010 at 14:50, Bloomberg
Naspers Ltd., Africa’s biggest media company, said its pay-TV unit will buy a 28.7 per cent stake in Russia’s Digital Sky Technologies, gaining a holding in the owner of the ICQ online messaging system.
Naspers’s Myriad International Holdings division will pay $338 million to buy shares from existing DST investors and another $50m for new stock in the Russian company, the Cape Town-based company said today in a statement. The unit, known as MIH, will give DST its 39.3 per cent stake in Mail.ru, a Russian Internet and gaming company that the Moscow-based company controls.
book Inc.
Naspers’s Myriad International Holdings division will pay $338 million to buy shares from existing DST investors and another $50m for new stock in the Russian company, the Cape Town-based company said today in a statement. The unit, known as MIH, will give DST its 39.3 per cent stake in Mail.ru, a Russian Internet and gaming company that the Moscow-based company controls.
book Inc.
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