government entities. The first of these is the investment arm of the SA government, and the second, an investment arm of the Chinese government. Commenting on the deal University of the Witwatersrand journalism professor Anton Harber said that "the ANC is working with their Chinese allies—ruling party to ruling party, in the way the Chinese government so often works—to increase their influence in our local media and counter what they view as a hostile media sector." Bloomberg reported that Denis O'Brien met Jacob Zuma, president of South Africa, during a private meeting at the hotel on 24 January 2013. He also met the broker negotiating the sale of INM SA. Australia and New Zealand The company owned a stake in APN News & Media Limited, a large newspaper publisher in Australia and New Zealand, which owns The New Zealand Herald and other newspapers, and is listed on the Australian Securities Exchange. On 12 February 2007, INM announced that the board of APN had recommended an all-cash revised offer of A$6.10 per share for the entire issued share capital of APN. The subsequent bid to take APN News & Media Ltd private in May 2007 was unsuccessful. INL owned approximately 30% of APN at mid-2012 and sold it by March 2015. India INM previously entered into the Indian market, purchasing 20% of Dainik Jagran, the publishing company behind India's best-selling paper. This market has been identified by INM as being a key element of its move into non-English speaking media markets with huge growth opportunities and potential for advancement. Since the initial investment INM deepened its involvement by buying 20% of the radio business of Dainik Jagran. The intention is to establish eight radio stations in the so-called "Hindi Belt". In August 2010, INM sold its entire stake in Dainik Jagran. INM no longer have any Indian interests. Other interests INM also held stakes in the Unison ISP and the iTouch electronic payments and premium rate telecoms operator, the controlling stake in the latter later being sold to a Japanese firm. Cable The company formerly held a 50% stake in Chorus Communications, the second largest cable television and MMDS operator in Ireland, having acquired this with a merger between Cable Management Ireland, and their own Irish Multichannel. However this was sold in 2004. The group The chief executive is Marc Vangeel having succeeded Michael Doorly in the role on 1 August