Behind Naspers’ listing snafu
A delay to its Amsterdam listing because of a mail mix-up comes as Naspers morphs into a pure internet play
Naspers’s labels snafu is embarrassingly 20th-century for an entity set to become the largest listed consumer internet company by asset value in Europe.
That listing is now scheduled for September, not July. Inevitably, it has prompted whispers that the delay was actually due to the Naspers board wanting to deal with pushback from shareholders who are unhappy that its complicated control structure is also emigrating to Amsterdam.