DLA Piper Reps Net1 In $233M KSNet Buy
Net1, an electronic payment company based in Johannesburg, South Africa, said the move would increase its international footprint, diversify its revenue and increase earnings as early as 2011.
Based on 2010 numbers, the company estimated KSNet would represent approximately 30 percent of Net1’s revenue.
Net1 will buy 98.7 percent...
To view the full article, register now.