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Tag Archives: Naspers

Slando.ru Bought up by MIH Allegro of Naspers

Part eBay-owned online classifieds company Slando has been acquired in full by MIH Allegro, part of South Africa’s Naspers group.

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Naspers Invests $388m and Mail.ru Shares in DST

South Africa’s Naspers Limited has announced an agreement to acquire a 28.7% stake in Digital Sky Technologies (DST) through a combination of two strategic investments. Through subsidiary Myriad International Holdings, Naspers will give DST its current 39.9% stake in Mail.ru as well as invest USD $388 million in cash. Other Mail.ru minority investors will also [...]

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DST and Naspers Considering Merger of Polish Internet Holdings

Mail.ru co-owners Digital Sky Technologies (DST) and Naspers appear to be engaged in talks that could result in a merger of the two companies’ social networking holdings in Poland. Russian-based DST owns a 75% stake in Nasza-Klasa.pl while the South African-based Naspers owns the Gadu Gadu instant messaging service. Naspers is believed to be looking [...]

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Astrum Online to Merge Under the Mail.ru Brand

Russia’s leading internet portal, Mail.ru, has announced plans to acquire online gaming giant Astrum Online and merge the two companies. Russia’s Federal Antimonopoly Service (FAS) recently gave Naspers, which owns a 43% stake in Mail.ru, the go-ahead to acquire between 38% and 100% of Astrum from majority shareholder Digital Sky Technologies. It’s unclear what the [...]

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Naspers’ Allegro Tenders Offer for Bankier.pl

MCI Management is poised to sell internet portal Bankier.pl to Allegro, an E-commerce portal owned by South African media giant Naspers. Naspers has made a public tender offer to purchase Bankier.pl with plans to integrate the portal’s financial services with Allegro’s e-commerce platform. One of Bankier’s current investors has already stepped on board with the [...]

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UAProm Receives Majority Investment from Naspers’ Allegro

UAProm, the Ukraine based provider of e-commerce and business directory services has recently come under new ownership. Eastern Europe’s leading e-commerce group, MIH Allegro Group, has acquired a 51% stake in UAProm for an undisclosed amount to be invested in the company’s business development. As part of the deal UAProm retains a 49% stake and [...]

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iEurope Capital divests Vatera.hu

iEurope Capital sold Vatera.hu to MIH Internet Europe, a subsidiary of Naspers Limited. Vatera.hu Kft. (www.vatera.hu) Vatera.hu was established in the year 2000 and as a full-service auction platform operator the Company offers sales solutions for Internet trading by private individuals and companies, closed auctions for dealers, as well as IT and vehicle park liquidations [...]

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Naspers Gains Majority Share of Mail.ru

South African media group Naspers, which first purchased a stake in Russia’s mail.ru in January 2007, has made an additional purchase and is now the majority stock holder. The latest deal was valued at approximately USD 25 million, and combined with the first purchase at USD 165 million, Naspers total investment is estimated in the [...]

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Iberia Could Take On Hungarian Birds Under Low-Cost Wing

The low-cost wing of Spanish airline Iberia, Vueling, has shown interest in acquiring Malev, the Hungarian national carrier. Malev is [...]

Viennese PE Fund Lead Equities invests in German MCL-Group

Viennese firm Lead Equities has just invested in a 60-percent stake in German IT company MCL-Group. The majority-stake acquisition was [...]

Romanian tech start-up Summify is acquired by Twitter

Summify – a Romanian start up that uses social analytics data to create personalized news aggregation service for individual users, [...]

IT service provider EPAM Systems launches IPO

EPAM Systems, a global software development company with delivery centres across the Central and Eastern Europe region, announced the launch [...]

Sun Network Chief Joins Vyatta Board To Boost Cloud Business

Networking vendor Vyatta has recently added to its board of directors Sun Microsystems ex-Chief Networking Officer Geoffrey Baehr. The move [...]

Bulgarian telecom operator Vivacom being eyed for takeover

Four suitors, Telekom Austria, Turkcell of Turkey, Corporate Commercial Bank of Bulgaria and Icelandic businessman Thor Bjorgolfsson, are rumoured to [...]