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Prosus unlocks the $140bn Tencent treasure chest - better late than never

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After years of attempting a range of alternatives, Naspers/Prosus has found the key to unlocking the massive discount at which it shares trade. At a telecon today, CEO Bob van Dijk unpacked a fresh strategy that unlocks the group’s previously frozen asset, its 31% holding in Chinese group TenCent. The market celebrated the news, pushing Naspers and Prosus shares up 15%. Learn more about your ad choices. Visit megaphone.fm/adchoices

27 Jun 2022 9AM English South Africa Investing · Business News

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