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Announced

Completed

Naspers-backed OLX completed the acquisition of Dubizzle.

Synopsis

Naspers-backed OLX, an online classifieds service provider, completed the acquisition of Dubizzle, a Dubai-based provider of a community content website. Previously unreported, the acquisition of the remaining 49% of the UAE classifieds site was disclosed in Naspers's report to shareholders. Naspers had held a 51% controlling stake since 2013.

Principals

Dubizzle

target

Dubizzle

Olx Global

bidder

Olx Global

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Market Context

Dealmakers (6)

Service Providers

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Barry Judge

Barry Judge

ManagerGeneral Manager at DUBIZZLE LIMITED
Deal Bio
Total Deals
1/
Total Value
value n/a
Christopher Lester

Christopher Lester

LawyerPartner at Latham & Watkins
Deal Bio
Total Deals
13/
Total Value
£5,750M
Jordi Castello

Jordi Castello

ManagerFounder at OLX GLOBAL BV
Deal Bio
Total Deals
1/
Total Value
value n/a
Martin Scheepbouwer

Martin Scheepbouwer

ManagerCEO at OLX GLOBAL BV
Deal Bio
Total Deals
6/
Total Value
£1,827M
Bob van Dijk

Bob van Dijk

ManagerCEO at NASPERS
Deal Bio
Total Deals
21/
Total Value
£61,866M
Antonin Baladi

Antonin Baladi

Financial AdvisorManaging Director at Bank of America
Deal Bio
Total Deals
13/
Total Value
£23,983M

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