Naspers plans Prosus share swap : comparemela.com

Naspers plans Prosus share swap


MONEYWEB
app instead?
In new effort to boost value.
By Thomas Pfeiffer and Loni Prinsloo, Bloomberg
12 May 2021 
09:40 
Image: Jasper Juinen/Bloomberg
Naspers investors will be able to swap their shares for those of its Dutch-listed unit, Prosus, in another effort to narrow a valuation gap with its Chinese affiliate Tencent Holdings.
The move may more than double the number of Prosus shares available for trading, making the stock more liquid and giving Prosus a stake of 49.5% in Naspers, the parent company said in a statement on Wednesday. The market capitalisation of the free float would be worth more than $100 billion.

Related Keywords

China , South Africa , Netherlands , Johannesberg , Limpopo , Amsterdam , Noord Holland , Chinese , South African , John Davis , Bob Van Dijk , Bloomberg , Tencent Holdings Ltd , Tencent Holdings , Executive Officer Bob , Cape Town Based Naspers , Amsterdam Listed Prosus , Bloomberg Intelligence Says , சீனா , நெதர்லாந்து , ஆம்ஸ்டர்டாம் , நூற்த் ஹாலண்ட் , சீன , ஜான் டேவிஸ் , பாப் வேன் டிஸ்க் , ப்ளூம்பெர்க் , நிர்வாகி அதிகாரி பாப் , ப்ளூம்பெர்க் உளவுத்துறை என்கிறார் ,

© 2025 Vimarsana