JSE not worried about Naspers eyeing greener pastures
The company plans to list its non-South African internet businesses in Amsterdam
26 March 2019 - 05:10
The JSE insisted on Monday that Naspers’s decision to list the bulk of its portfolio offshore — including a prized stake in Chinese internet giant Tencent — would not harm liquidity on the continent’s biggest bourse. After fielding repeated calls from investors to find ways to unlock value, Naspers said on Monday it planned to list an entity, currently named NewCo, in Amsterdam. If you are already a subscriber, please click on the following link to go to the full article: JSE shrugs off fear about Naspers split If you would like to subscribe to BusinessLIVE to read the full story, please click here.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.