Jamie McKane
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Naspers gets enough votes for Prosus listing
Naspers Ltd. received enough votes from shareholders to proceed with an Amsterdam listing of assets including a $125 billion stake in Chinese internet giant Tencent Holdings Ltd.
Africa’s largest company by market value secured sufficient backing after a vote in Cape Town on Friday, according to company secretary Gillian Kisbey-Green. Naspers needed at least 75% of investors to endorse the spin off, which is scheduled for Sept. 11.
[Bloomberg]
Naspers Ltd. received enough votes from shareholders to proceed with an Amsterdam listing of assets including a $125 billion stake in Chinese internet giant Tencent Holdings Ltd.
Africa’s largest company by market value secured sufficient backing after a vote in Cape Town on Friday, according to company secretary Gillian Kisbey-Green. Naspers needed at least 75% of investors to endorse the spin off, which is scheduled for Sept. 11.
[Bloomberg]