Naspers Ltd. ADR  |  OTCPK - Current
52wk high:18.12
52wk low:10.64
PE (ttm):60.39
Div Rate (ttm):0.04
Yield (ttm):0.23%
Market Cap:$69.03B
  • Dec. 23, 2016, 5:23 PM
    • Russian telecom Megafon (OTC:MFOYY) will pay $740M to take the majority of, owner of the three largest Russian-language social networks as well as an online gaming business.
    • The company, Russia's second-biggest mobile firm, is buying the interest from billionaire Alisher Usmanov, who holds stakes in both.
    • It will take 63.8% of voting rights in for $640M at deal closing and another $100M a year afterward. The deal won't require Megafon to make a buyout offer to minority shareholders -- which will include Naspers (OTCPK:NPSNY -1.4%) and Tencent Holdings (OTCPK:TCEHY -0.1%).
    Dec. 23, 2016, 5:23 PM
  • Jun. 21, 2013, 11:51 PM

    Naspers (NPSNY.PK), the South African media giant, together with Tencent (TCEHY.PK), its partner in JV Ibibo, is acquiring, the online ticketing company that Techcrunch calls "a dominant and disruptive force" in how people travel in India. At a reported price of about $120M, it would be the biggest overseas strategic acquisition of an Indian internet asset.

    Jun. 21, 2013, 11:51 PM