Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 02-11-2015 | Practice Area: | Corporate and M&A |
| Deal Title: | Naspers Limited Increased Equity Investment in Avito | Industry: | Media |
| Description: |
White and Case LLP advised Naspers Limited, the South African-based global internet and media company, on its USD1.2 billion investment to become the largest shareholder in Avito, the leading online classifieds platform in Russia.
Naspers bought shares from existing shareholders to increase its stake in the Swedish holding company Avito AB from 17.4 percent to 67.9 percent on a fully diluted basis.
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| Financial Center: | Moscow | Value: | 1000.01-5000.00 |
| Advised Party: | Acquiror | Law Firm | White & Case |
| Target Company Jurisdiction: | Russian Federation | Acquiror Jurisdiction: | South Africa |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Eric Michailov |
