Naspers Chief Bekker Is Looking at 30 Potential Acquisitions

Naspers Ltd., Africa’s largest media company, is in early talks with about 30 companies on potential acquisitions to expand its Internet and e-commerce businesses, Chief Executive Officer Koos Bekker said.

“Whether or not all of those, or any of those, will be successfully concluded, I don’t know,” Bekker said in a telephone interview from company headquarters in Cape Town today. Naspers, the largest shareholder in Tencent Holdings Ltd., China’s biggest Internet company, held talks last year with about 200 companies and ended up signing agreements with only 20, he said.