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Media business
Naspers stake in Beijing Media Corp: 9.9%Posted by Jeremy Goldkorn, December 14, 2004 10:21 AM
The South African business newspaper Business Day has more figures about Naspers and Beijing Media Corp: Dual-listed media and entertainment group Naspers (NPN) announced on Monday that its subsidiary MIH will invest in the soon-to-be listed Beijing Media Corporation (BMC), a marketing and advertising sales vehicle for print media in China. MIH will buy 9.9% in the initial public offering (IPO) of BMC, which will be floated on the Hong Kong Stock Exchange on December 22... The Business Day story is here. |
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