QUOTE AND NEWS
The Big Pond  Nov 23  Comment 
Johann Rupert has had an amazing "run" in the media since the announcement last week that he'll come back as CEO of Richemont early next year. I've written (see article below) about the dailies FTD and Handelsblatt, which both called Rupert...
TechCrunch  Nov 21  Comment 
Last week, it was reported that AOL - amid restructuring efforts in the lead-up to the imminent Time Warner spin-off and IPO - was putting its instant messaging service unit ICQ on the block and had hired bankers Allen & Co. and Morgan Stanley to...
Reuters  Nov 21  Comment 
South African media group Naspers has signed an increased $1.6 billion forward start loan with a group of international banks, banking sources said on Friday.
Reuters  Nov 18  Comment 
Africa's biggest media group Naspers Ltd said on Wednesday it expects to report an increase of up to 40 percent in first-half core headline earnings per share, sending its shares more than 1.4 percent higher.
Bloomberg  Nov 2  Comment 
Former South African rugby captain Joost van der Westhuizen was fired as a television commentator after admitting in a biography to having “sexual relations” with a woman who is not his wife and taking drugs.
The Big Pond  Oct 9  Comment 
On the topic of the disclosure duty of listed companies and in support of my "thing" against Naspers and/or the JSE, here another bit of information which hasn't (yet) made it to South Africa - although it happened in early August. For what I mean...
The Big Pond  Oct 5  Comment 
I'm back on this issue of information dissemination and transparency. Sorry, for boring you. But, as far as I'm concerned, the danger lurking behind it is (in the long-term) on a par with the danger which emanated from the financial sector for the...
Reuters  Sep 29  Comment 
Africa's biggest media group Naspers Ltd said on Tuesday it has bought 91 percent stake in Brazilian e-commerce group Buscape.com Inc for $342 million as part of its strategy to expand into emerging markets.
Business Wire  Sep 29  Comment 
Naspers Limited (JSE:NPN) (LSE:NPSN) today announced that it has acquired 91% of the share capital of Brazilian e-commerce group BuscaPé.com Inc. for an amount of US$342m. The acquisition will be funded from available resources. Headquartered in
Reuters  Sep 23  Comment 
South African media group Naspers is preparing to launch syndication of a $800 million forward start loan extending the maturities of existing loans to 2013 from October 2011, banking sources said on Wednesday.
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