Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.
Shareholders of technology investor Prosus on Friday approved a deal with parent Naspers of South Africa that will move most of the economic value of the intertwined companies to Amsterdam.
Under the deal, announced on May 11, Prosus â which has a 28.9% stake in Chinese internet giant Tencent â will launch an offer to buy up to 45.4% of Naspersâ shares, issuing new Prosus shares to pay for them.
Approval, which came with 90% of the votes in favour of the deal, was already virtually assured from the Prosus side as Naspers has kept a controlling stake in Prosus since spinning the company off in a 2019 initial public offering.
Prosus shareholders set to approve Naspers share purchase
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Prosus shareholders approve Naspers share purchase
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Prosus shareholders approve Naspers share purchase
sowetanlive.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sowetanlive.co.za Daily Mail and Mail on Sunday newspapers.