South Africa’s Naspers is listing Tencent and all its
Naspers, which has a primary listing on the Johannesburg stock exchange, will list on Euronext Amsterdam. The businesses include its 31% stake in Chinese giant, Tencent, Russian internet platform, Mail.Ru and German food delivery business, Delivery Hero.
The new company, NewCo, will be 75% owned by Naspers, with the rest a free float. “Forming and listing a new global consumer internet group on Euronext Amsterdam is a significant step for Naspers”, chief executive Bob van Dijk said in a statement. “It will provide a strong platform to attract incremental investor capital, which is well-aligned to our growth goals”.
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