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buscape

Naspers Buys Majority In Brazilian Online E-Commerce Group Buscape For $342 Million: Naspers, the South African media giant, is continuing on its online acquisition spree across Europe and now Latin America: it has acquired 91 percent stake in Brazilian online e-commerce group Buscape.com, for $342 million. Buscape provides comparison shopping solutions to more than 100 portals and websites in Latin America,...; Tags: Risk Assessment, Naspers Ltd., Latin America, Buscape, Tools & Techniques, Web Technology, Portals, Strategy, E-business/E-Commerce, Security, Management, Internet, E-Commerce, Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Rafat Ali; External links 2009-09-29

BUSCAPE.COM: BUSCAPE.COM, a Brazilian online retailer, ceded a 30% stake to U.S.-based Merrill Lynch, local bank Unibanco and the holding company for the Moreira Salles family, Brasil Warrant, for an undisclosed amount.; Tags: bank, E-business/E-commerce, INTERNET, Merrill Lynch & Co. Inc., Retail; Research articles 2000-11-01
Naspers buys Buscape.com for USD342m: South African media firm Naspers is paying USD342m for 91% of the share capital of Buscape.com, which allows users to compare various online shopping sites, portals and products. Naspers say the acquisition will help the company focus on the e-commerce market. by Editorial; Tags: Naspers Ltd., Portals, Web Technology, Mergers & Acquisitions, Corporate Law, Advertising & Promotion, E-business/E-Commerce, Internet, Investment, Finance, Business Operations, Marketing, Editorial; Articles 2009-09-28