Naspers plans to sell 17.1 million ordinary shares in order to raise $ 2.5bn, the company announced on Friday. Naspers said in a statement that it will use the money to fund acquisitions in internet and e-commerce companies, including extending its stake in Avito from 17.4% to 67.9%. Avito is a Russian-based classifieds portal and the […]
The post Naspers to raise $ 2.5bn for acquisitions appeared first on The Johannesburg Times.
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