Naspers: was Prosus listing a big mistake?
A scathing new assessment says last year’s Prosus listing by Naspers has done more to ruin value than create it
10 September 2020 - 05:00
So much for Naspers’s attempt to get full value for its stake in Chinese internet sensation Tencent.
Albert Saporta, a Swiss investment adviser, has for years been one of Naspers CEO Bob van Dijk’s most fervent critics. Now, he says Van Dijk’s move a year ago to create a new company in Amsterdam called Prosus, housing Naspers’s 31% of Tencent, has been an unmitigated disaster...
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