It may not have delighted long-term Naspers investors, but last year’s listing of Prosus on the Amsterdam Stock Exchange appears to have thrilled traders, who like nothing more than to trade apparent or contrived discrepancies in share prices.

Ahead of the listing they had only one discount to play, that between Naspers and Tencent; now they have two — the one between Prosus and Tencent and a second between Prosus and Naspers.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now