Where "things" seem to be going well, a company called Naspers. With still a strange sort of control structure, that sort of worries me. A fairly big announcement this morning, lets check it out: "Shareholders are advised that a subsidiary of Myriad International Holdings B.V. ("MIH"), an indirect wholly owned subsidiary of Naspers, has entered into agreements regarding its interest in Mail.ru, the leading Russian internet communication and gaming company. MIH will exchange its 39,3% stake in Mail.ru and invest a further US$388m (R2,9bn) cash to obtain a 28,7% economic interest in Digital Sky Technologies Limited ("DST") (the "transaction")."
Excellent, we will have to look at the impact of this in the coming day, but here is a company that is more than a little interesting.