Naspers/MIH Group to acquire between 38% and 100% stake in Astrum Online Entertainment

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact or visit our website
FDN Database Reference:  A0235-231115
Acquirer:  Naspers
ACQ Web:
Location:  South Africa
Region:  Middle East and Afica
Description:  Naspers is a multinational media company with principal operations in electronic media and print media.
Contact 1:  Ton Vosloo, managing director
Vendor:  Astrum Online Entertainment
Vendor Web:
Location:  Russia
Region:  Europe
Description:  Interactive entertainment market
Contact 1:  Sergey Orlov, vice president Astrum
Details:  Federal Antimonopoly Service (FAS) of Russia has granted a permission to Naspers/MIH Group to acquire between 38% and 100% stake in online game developer and publisher Astrum Online Entertainment from DST (Digital Sky Technologies). Tthe transactions between Naspers and DST is part of a merger between online portal and Astrum Online. The merger is expected to include both stock and cash transactions. DST owns a 53% stake in and majority stake in Astrum Online while Naspers/MIH Group owns a 43% stake in Astrum Online’s revenues were estimated at $50 million last year.
Link: Kommersant

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