ACQUISITION
Acquirer: MEDIA24 ()
Web: http://www.media24.com
Location: South Africa
Description: Media giant Naspers ’s print and publishing arm
Contact: Media24 CEO Francois Groepe: Media24 Magazines CEO John Relihan
Target: Specialised magazine division of Primedia Publishing
Web: http://www.primediapublishing.co.za
Location: South Africa
Description: B2B magazines, including Advantage, which is considered the leading print publication in the advertising industry
Contact: Primedia CEO Kuben Pillay: Primedia Publishing magazine division, MD Jacques Breytenbach
Comment:
MEDIA24, media giant Naspers ’s print and publishing arm, buys the specialised magazine division of Primedia Publishing, which includes about 17 titles. A new division called Media24 Business Magazines will be formed,
The acquisition price was not disclosed.
Story Link – BusinessDay
Database Acquisitions – November 2009
Fusion Corporate Partners 
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