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Naspers to list consumer Internet business in Europe in July

Basil Sgourdos

Naspers will list on its consumer Internet business on Amsterdam’s Euronext exchange on 17 July, subject to market conditions, in a bid to unlock shareholder value.
The South African Internet and media giant said on Wednesday that it will retain about 73% of the yet-to-be-named company after its European flotation.
The new listing will include Naspers’s approximately 31% stake in Tencent and it’s expected it will have a …

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This article originally appeared here: https://techcentral.co.za/naspers-to-list-consumer-internet-business-in-europe-in-july/89894/

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