Naspers’s Acquisition of BuscaPé

On September 29, 2009, Naspers Limited announced that it has acquired 91% of the share capital of Brazilian e-commerce group BuscaPé.com, Inc. for $342 million. Naspers is a leading multinational media company whose most significant operations are located in South Africa, elsewhere in sub-Saharan Africa, China, Russia, eastern Europe, the Netherlands, Brazil and India.

The lawyers involved in this transaction include partner David Mercado and associates Francesco Lione, Benjamin A. Aronovitch and William J. Finn on corporate matters; associate Christian Brause on tax matters; and associates M. C. Tania Balthazaar and Daniel A. Birnhak on executive compensation and benefits matters.