South African Media Giant Naspers Offers To Buy Polish IM Service Gadu Gadu For $155 Million
Posted on
Naspers, the South African media giant, has offered to buy Polish IM service Gadu Gadu, for a total of about $155 million. GG is listed on the Warsaw stock exchange, and Naspers will launch a public offer to buy the shares...the company said GG’s majority shareholder had given an irrevocable commitment to tender its 55 percent stake. GG was established in 2000 and has over six million users with a 43 percent share of the Polish IM market. The company also operates one of the leading social community portals in the country, mojageneracja.pl, with approximately 1.6 million unique users. More in the release. Naspers already owns local IM/online services in Russia (Mail.ru) , China (Tencent) and Thailand (M-Web/Sanook).
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here