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Basil Sgourdos: Prosus listing has unlocked $20bn for Naspers shareholders

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On Rational Radio this week, Naspers Group CFO Basil Sgourdos told Alec Hogg how the decision to list the group's global internet assets in the now Dutch listed company Prosus, has unlocked more than $20bn for shareholders. Speaking from Amsterdam on the day Prosus shares were listed, Sgourdos explained that since the strategy was announced, the shares' discount to underlying assets has dropped from 45% to under 35%. That discount contracted still further today, delivering a further boost for owners of Naspers shares. He also shared how the listing went, what happens next and unpacked today's SENS announcement relating to a R176m transaction on shares for the top three executives. Learn more about your ad choices. Visit megaphone.fm/adchoices
11 Sep 2019 9AM English South Africa Investing · Business News

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