{"id":106265,"date":"2015-12-04T11:55:26","date_gmt":"2015-12-04T09:55:26","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=106265"},"modified":"2015-12-04T11:55:26","modified_gmt":"2015-12-04T09:55:26","slug":"naspers-wants-to-raise-r36-billion-for-acquisitions","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/106265\/naspers-wants-to-raise-r36-billion-for-acquisitions\/","title":{"rendered":"Naspers wants to raise R36 billion for acquisitions"},"content":{"rendered":"

Naspers plans to sell 17.1 million ordinary shares in order to raise $2.5bn, the company announced on Friday.<\/p>\n

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%.<\/p>\n

Avito is a Russian-based classifieds portal and the Naspers deal is estimated at $1.2bn.<\/p>\n

“The capital raising will finance the Avito acquisition as well as provide us with the financial flexibility to continue to deliver on our strategy of investing in high-growth internet and ecommerce companies to continue to drive returns for our shareholders,\u201d said Bob van Dijk, Naspers chief executive.<\/p>\n

The company added that it received authorisation for the Avito deal from South African Reserve Bank and the Russian Federal Antimonopoly Service.<\/p>\n

*Fin24 is a division of Media24, a subsidiary of Naspers<\/em><\/p>\n

Fin24<\/a><\/p>\n

More on Naspers<\/h3>\n

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Naspers apologises for its role during apartheid<\/a><\/strong><\/p>\n

Naspers shows faith in Bitcoin<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Naspers plans to sell 17.1 million ordinary shares in order to raise $2.5bn, the company announced on Friday.<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[25,107],"class_list":["post-106265","post","type-post","status-publish","format-standard","hentry","category-internet","tag-active","tag-naspers"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/106265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=106265"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/106265\/revisions"}],"predecessor-version":[{"id":106269,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/106265\/revisions\/106269"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=106265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=106265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=106265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}