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Naspers Has $8 Billion for Deals With Online Education a Target

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Naspers Group Ltd. remains on the lookout for acquisitions even as economies around the world grind to a halt in the face of the coronavirus pandemic, with online education proving a hit as schools close and lockdowns keep people at home.

Africa’s biggest company, an e-commerce investor with assets from Brazil to India and China, has access to about $8 billion in cash and debt for deals, Chief Executive Officer Bob van Dijk said by phone.