Tag: euronext

How this fund manager is looking at the Prosus listing

It’s the biggest stock news of the day as internet group Prosus lists on Amsterdam’s Euronext. Meryl Pick, Fund Manager at Old Mutual Investment Group weighs in on how we should be looking at this new listing as well as other opportunities in the market.

Prosus debuts on Euronext, JSE

South African e-commerce group Naspers listed its international internet assets, Prosus on the Euronext exchange in Amsterdam and on the JSE today. Thato Matsafu, Head of Primary Markets at the JSE joins CNBC Africa for more.

Naspers CEO Bob van Dijk on planned listing of internet assets

Naspers plans to float its consumer internet businesses with assets valued at more than 100 billion euros on the Euronext stock exchange in Amsterdam on July 17. Naspers will retain a 73 per cent stake in the new company, which will hold assets including Naspers’ 31.2 per cent stake in China’s Tencent, as well as its OLX classified businesses in India and Brazil and its U.S. business, Letgo. Naspers shareholders will receive shares representing 27 per cent of the new company when it lists, Naspers said in a statement. Naspers CEO, Bob van Dijk shares more details.
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