Deal overview

Deal overview
Target AVITO
Bidder NASPERS LTD
Price £40.00 Full version or £25.00 Light version
Publication Date Jan 25, 2019
Abstract On 25 January 2019, the South African-based global internet and media company Naspers Limited ("Naspers") announced that it had on that day acquired a 29.1% stake in Avito, a Russian online classifieds platform, taking its stake from 70.4% to 99.6% on a fully diluted basis. The acquisition was carried out through Naspers' subsidiary OLX Global BV ("OLX") for US$ 1.16 billion ...
Number of pages (Full version) 4
Number of pages (Light version) 2
Format Adobe Acrobat (Download Acrobat Reader)
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