MIH Internet, a wholly owned subsidiary of South African media group Naspers, has made a £946-million (about R13.1-billion) offer to acquire London-listed Tradus, which operates online trading platforms and other related internet service websites in 12 mainly Eastern European countries.The acquisition will be the largest so far by Africa’s largest media company, which has to date been buying minority stakes in media and internet related companies in emerging markets.Tradus, established as QXL Ricardo plc in 1997, operates auction websites in Eastern Europe under various brand names, and in Poland they operate automotive and real estate classified sites, a price comparison site and payment services system.“In its own strategy, Naspers has prioritised the internet sector for expansion. Success has been achieved in the sub-segments offering users communications, social networking and community platforms,” the company said in a statement issued on Tuesday.“In pursuit of this strategy, Naspers today has various internet investments on the African continent, in China, Russia and India. With these investments, the Naspers Group has established a strong presence in the major emerging markets.”Naspers has identified Central and Eastern Europe as attractive emerging markets to invest in, and the acquisition of Tradus will consolidate the group’s position in Poland, where it is currently finalising the acquisition of a controlling stake in Gadu-Gadu, a company that operates an instant messaging service.“We are delighted that the Tradus Board intends unanimously to recommend our offer to its shareholders,” Naspers chief executive Cobus Stofberg said. “The operations of the Naspers Group and Tradus complement each other perfectly and significant advantages can be obtained by aligning Tradus’ businesses with Naspers’ other internet investments in Central and Eastern Europe.”Investing in emerging marketsNaspers’ other investments in emerging countries include a roughly one-third interest Tencent, a leading internet services portal in China that operates an instant messaging client called QQ, and a similar stake in Mail.ru, which is developing into a leading email portal in Russia.In India meanwhile, the company is organically developing an internet business that focuses on the youth community and feature a search engine customised to cater for local users and content.In South Africa, Naspers’ investments include Multichoice, which runs the DSTV satellite subscription service, the Mnet and Supersport television channels, internet service provider Mweb, newspaper and magazine publisher Media24, general consumer portal 24.com, e-retailer Kalahari.net and a 30% stake in local instant messaging service, Mxit Lifestyle, amongst others.“Apart from the investment in Tencent and Kalahari, other Naspers platforms have not yet generated transaction income,” the company states. “Our existing internet services rely on the generation of revenue mainly through advertising and value added communication services.”“The intention is that an investment in the Tradus transaction platform will allow the group to diversify its internet revenue streams to include transaction income.”The deal is subject to several conditions, including obtaining relevant regulatory approvals and approval by the companies’ shareholders.Useful linksNaspersTradusMultichoiceDStvMNetMWebMedia2424.comKalahari.net
Share Facebook Twitter Google + LinkedIn Pinterest Whenever someone asks me about being on the Pro Farmer Midwest Crop Tour, I always start by answering, ‘Don’t tell my wife, but that is one of the best weeks of the year’!Yes, being away from the family for a week is trying, but traveling with a group of people that are crazy enough to scout hundreds of corn and soybean fields across the Corn Belt makes the week fly by.After USDA’s crop estimates came out earlier this month, many farmers all over the country (and some analysts) didn’t believe the record numbers that were released. Some said if USDA would have gone a little further into the fields they would have had much different calculations.So, what is really out there in the corn and soybean fields of the Heartland? Will Illinois and Iowa have corn ears the size of baseball bats? Will there be so many pods on a soybean plant that we scouts may start hyperventilating trying to count so high a number?Nearly 40 teams of 4 will venture out into the great unknown. As we spider-web our way from Ohio west and from the Dakotas east, covering 80% of the corn and soybean regions of the U.S., we will dig a little deeper into the nearly harvest-ready corn fields and the soybean fields working on filling out those last few pods.If you have to see it to believe it when it comes to the 2016 crops, get ready to ride along with me as I share what I am seeing all week long on my 5th journey in a row on the Pro Farmer Midwest Crop Tour!You can follow my coverage at OhioAgNet.com and on Facebook and Twitter with #PFTour16.
Retired IPS officer Rina Mitra has been appointed as the Principal Adviser, Internal Security, of West Bengal. Ms. Mitra’s name featured in the media recently as a probable candidate to head the CBI on the basis of her seniority. Following her retirement on January 31, Ms. Mitra, a 1983-batch Madhya Pradesh-cadre IPS officer, claimed that in order to ensure that she does not get the top CBI post, despite having necessary qualifications, the Appointments Committee meeting was held a day after her retirement. Ms. Mitra, the first woman IPS officer of Bengal, said she was grateful to Chief Minister Mamata Banerjee for appointing her as the State’s security adviser.
Antoine Griezmann backed Zinedine Zidane as the best choice to replace Didier Deschamps as France manager – if he decided to leaveDeschamps has been in charge of Les Bleus since 2012 and has overseen 55 victories in 88 games.The 50-year-old famously led France to their second World Cup title in the summer at Russia and appears set to remain in the dugout until Euro 2020 – at the earliest.But Deschamps himself has even admitted he sees Zidane as the most likely man to replace him at France.The former Real Madrid boss has been out of work since May after guiding the club to a third straight Champions League crown.And Griezmann revealed that Zidane has his vote if Deschamps ever decides to step down from his role at France.Opinion: Neymar will earn respect back from the PSG fans Tomás Pavel Ibarra Meda – September 14, 2019 After completing his incredible return to Parc des Princes, we predict that Neymar will earn the respect back from PSG supporters.The situation between Neymar…“I don’t know how long Deschamps wants to remain as national manager,” Griezmann told ESPN.“He has earned the respect he has, and I think he will be on the job as much as he wants.“However, I believe Zidane could be the best manager available (for the French national team).“Actually, Deschamps has done a terrific job.”Juventus and Manchester United have also been touted as possible destinations for Zidane.
The guided-missile cruiser USS Antietam (CG 54) is shown in the South China Sea, March 6, 2016.ReutersThe US military said on Wednesday it sent a Navy warship through the Taiwan Strait, which separates Taiwan from China, a move likely to anger China during a period of tense relations between Washington and Beijing.Taiwan is among a growing number of flashpoints in the US-China relationship, which include a trade war, US sanctions and China’s increasingly muscular military posture in the South China Sea, where the United States also conducts freedom-of-navigation patrols.China on Wednesday warned that it is ready for war if there was any move towards Taiwan’s independence, accusing the United States of undermining global stability and denouncing its arms sales to the self-ruled island.The warship sent to the 112-mile-wide (180-km) Taiwan Strait was identified as the Antietam.”The (ship’s) transit through the Taiwan Strait demonstrates the US commitment to a free and open Indo-Pacific,” Commander Clay Doss, a spokesman for the US Navy’s Seventh Fleet, said in a statement. “The US Navy will continue to fly, sail and operate anywhere international law allows,” he added.The voyage risks raising further tensions with China but will likely be viewed by self-ruled Taiwan as a sign of support from US President Donald Trump’s administration amid growing friction between Taipei and Beijing.The United States has no formal ties with Taiwan but is bound by law to help provide the island with the means to defend itself and is its main source of arms.China has been ramping up pressure to assert its sovereignty over the island, which it considers a wayward province of “one China” and sacred Chinese territory.On Wednesday, Chinese Defence Ministry spokesman Wu Qian told a news briefing on a defence white paper, the first like it in several years to outline the military’s strategic concerns, that China would make its greatest effort for peaceful reunification with Taiwan.”If there are people who dare to try to split Taiwan from the country, China’s military will be ready to go to war to firmly safeguard national sovereignty, unity and territorial integrity,” he said.China has repeatedly sent military aircraft and ships to circle Taiwan on exercises in the past few years and worked to isolate it internationally, whittling down its few remaining diplomatic allies.
Congrats to @carlosbeltran15 on an amazing career! We only played together for a short time but what a ride we had! I learned a lot about what being a veteran means and the impact we can have. You’re an amazing teammate and leader. What a way to bow out… a World Champion!— Justin Verlander (@JustinVerlander) November 13, 2017 Share Congratulations on a spectacular and storied career, @carlosbeltran15! Thank you for all you’ve done in Houston. Forever a champion. pic.twitter.com/SKz4O0Eol0— Houston Astros (@astros) November 13, 2017 An absolutely amazing career by Carlos Beltran. Here are all of his hits from 2001 on. pic.twitter.com/HYQlqCUHGQ— Daren Willman (@darenw) November 13, 2017 Photo via Astros’ website. Carlos Beltran made the announcement Monday, Nov. 13, 2017, 12 days after the Houston Astros beat the Los Angeles Dodgers in Game 7 of the World Series.Carlos Beltran is retiring at age 40 after winning his first World Series title in his 20th major league season.The outfielder made the announcement Monday, 12 days after the Houston Astros beat the Los Angeles Dodgers in Game 7 of the World Series.Beltran is a nine-time All-Star who won the 1999 AL Rookie of the Year award and three Gold Gloves.His production dropped dramatically this year. He hit .295 with 29 homers and 93 RBIs for the New York Yankees and Texas in 2016. He then batted .231 with 14 homers and 51 RBIs for Houston.He finishes with a .279 average, 435 homers, 1,587 RBIs and 312 stolen bases. He also has played for Kansas City, the New York Mets, San Francisco and St. Louis.https://t.co/fVKzuZEwMv— Carlos Beltran (@carlosbeltran15) November 13, 2017
00:00 /03:29 Brien StrawColleen O’Connor, who has a PhD in toxicology, founded CAVU after losing two dogs to cancer.There’s much talk about curing cancer — especially in Houston, the home of a prestigious cancer center.But what about cancer in pets?It is a niche the start-up CAVU Biotherapies, housed in the University of Houston’s Innovation Center, wants to fill.We spoke with CAVU founder Colleen O’Connor for this week’s Bauer Business Focus.Click on the play button above to listen to the interview. To embed this piece of audio in your site, please use this code: X Listen Share