Naspers announced a transaction on 14 October 2016 to dispose of its 100% stake in Poland-based Allegro Group, which includes both Allegro.pl and Ceneo.pl, to funds advised by private equity firms Cinven, Permira and Mid Europa for US$3.253bn.
Shareholders are advised that all pre-conditions have been met and the transaction closed effective [18] January 2017.
Cape Town
[18] January 2017
Sponsor: Investec Bank Limited
For more information please contact:
Meloy Horn, Head of Investor Relations
meloy.horn@naspers.com, +27 11 289 3320
About Naspers
Founded in 1915, Naspers is a global internet and entertainment group and one of the largest technology investors in the world. Operating in more than 130 countries and markets with long-term growth potential, Naspers builds leading companies that empower people and enrich communities. It runs some of the world's leading platforms in internet, video entertainment, and media.
Naspers companies connect people to each other and the wider world, help people improve their daily lives, and entertain audiences with the best of local and global content. Every day, millions of people use the products and services of companies that Naspers has invested in, acquired or built, including Avito, Brainly, Codecademy, eMAG, Flipkart, ibibo, letgo, Media24, Movile, MultiChoice, OLX, PayU, ShowMax, SimilarWeb, Twiggle, and Udemy. Similarly, hundreds of millions of people have made the platforms of its associates Tencent (www.tencent.com; SEHK 00700) and Mail.ru (www.corp.mail.ru; LSE: MAIL) a part of their daily lives.
Naspers is listed on the Johannesburg Stock Exchange (NPN.SJ) and has an ADR listing on the London Stock Exchange (LSE: NPSN).
For more information, please visit www.naspers.com.
Naspers Limited published this content on 18 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 January 2017 11:56:07 UTC.
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Naspers Limited is a global consumer Internet company. Through Prosus, the Company operates and invests globally in markets with long-term growth potential, building consumer Internet companies that empower people and enrich communities. The Companyâs segments include Food Delivery, Classifieds, Payments and Fintech, Edtech, Etail, Other ecommerce: Ventures, Media24 and Social and Internet platforms. Its portfolio of food-delivery businesses allows customers to order their favorite food online and via apps to be conveniently delivered wherever they are. Prosus holds an investment in Tencent, Chinaâs used Internet services platform. Media24 is a print and digital media group with interests in digital media and services, newspapers, magazines, e-commerce, book publishing and media logistics. Its group includes some of the local consumer Internet companies in around 100 countries, spanning the Americas to Asia, Europe to South Africa.
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