Naspers is a global consumer internet group and one of the largest technology investors in the world. The group has a primary listing on the Johannesburg Stock Exchange and a secondary listing on the A2X Exchange in South Africa, and has an American Depositary Receipt listing on the London Stock Exchange. Naspers operates and partners a number of leading internet businesses across the Americas, Africa, Central and Eastern Europe, and Asia in sectors including online classifieds, food delivery, payments, travel, education, health and social and internet platforms.
The transaction is expected to close in the second half of 2019 and is subject to customary closing conditions including requisite regulatory approvals.
The Appleby team comprises Managing Partner Malcolm Moller, Senior Associate Farzanah Nawool and Associate Hasseena Mahamoodally.
We are pleased to have advised MakeMyTrip on this transaction, showcasing our team’s extensive experience and expertise in supporting offshore companies in every aspect of corporate and commercial law.