Archive for the 'Companies' Category

Sep 05 2013

Mail.ru to pay Naspers “special dividend” later this year

Published by under Companies,More News,South Africa

Whoop-whoop. Some more cash on its way to Naspers….check this out and get ready for the next, big move.

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Jan 15 2013

Naspers on Top 100 list

Published by under Companies,More News

The Boston Consulting Group compiled a list of 100 firms which “may become world-leading companies in the next 10 years” and Naspers is one of them.

Five companies from South Africa made it onto the list. They are: Aspen Pharmacare, Bidvest Group, MTN Group, Naspers and Sasol.

German magazine DIE WELT published a neat little box with the companies from every country on 17 slides (here), so even English-speakers can read it.


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Aug 10 2012

Extra dividend boosts Naspers’ acquisition kitty

Published by under Companies,Europe,More News

According to German blog Mydividends.de Mail.ru, Russia’s biggest internet firm (in which Naspers holds a 29% stake) sold (some, or all) of its Facebook shares to pay an extraordinary dividend of $3.80 U.S. per share. In total $795 million U.S. will be paid out to shareholders on Aug. 17.

Then Naspers’ “acquisition kitty” will be roughly $231 million fuller. Not bad.

Here is the report of Mydividends.de and here the official press statement of Mail.ru. Note: the official statement doesn’t mention the Facebook sale.

Not known, is whether Mail.ru sold all or just some of its shares in Facebook and at what price Mail.ru sold. Before this sale, Mail.ru held 2.33% of all Facebook shares.

Mail.Ru Group also (still) holds 21.35% in QIWI, 39.99% in Russian social network “VKontakte”, 1.41% in Zynga Game Network Inc., 4.63% in Groupon Inc. and smaller stakes in a number of small Russian and Ukrainian internet companies.

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Apr 04 2012

Why Naspers is a buy

Published by under Companies,More News

A big punt for Naspers: http://seekingalpha.com/instablog/644231-husky-financial/466131-why-naspers-just-may-be-the-best-kept-secret-in-the-global-equities-market

Comment: Remember, I’m no financial adviser. Secondly, good news that Yuri Milner is now at DST. Thirdly, just a pity about the Groupon stake in the Mail.ru portfolio. I’m sure Naspers doesn’t like that part.


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Dec 14 2011

Has Windhorst done it to the Hersovs again?

Published by under Companies,Europe,Top Stories

With a little luck it didn’t happen. Chances are, it did: Lars Windhorst might have lost money for the Hersov family yet again.  [Read on]

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Jul 04 2011

Richemont found lacking against peers

Published by under Companies,Europe,Top Stories

A new performance ranking of companies in the luxury goods sector made the headlines in the German media this morning. The ranking isn’t very kind to Richemont. As a report card to CEO Johann Rupert it also isn’t particularly flattering.  [Read on]

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May 31 2011

Tencent and Naspers get major write-up

Published by under Companies,Top Stories

The Chinese internet concern Tencent, in which Naspers holds roughly a one-third stake, got a huge positive write-up in Financial Times Deutschland (FTD) this morning. [Read on]

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Apr 12 2011

On threshold of Armsgate breakthrough?

The stalemate in the Armsgate saga, starring SA’s ex-president Thabo Mbeki and featuring bribes for arms, will only be broken from outside South Africa. That’s been my gut feel for a while. A report in today’s Financial Times Deutschland (FTD) raised my hopes in this regard. [Read on]

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