Naspers to raise up to $11 billion by trimming Tencent stake

Naspers to raise up to $11 billion by trimming Tencent stake

6 years ago
Anonymous $gIi3-PxxKB

https://www.reuters.com/article/us-naspers-tencent-holdings-share-sale/naspers-to-raise-up-to-11-billion-by-trimming-tencent-stake-idUSKBN1GY1J7

Naspers is cutting its stake in lucrative Chinese investment Tencent by as much as 2 percent in a deal that could net the South African media and e-commerce group up to $11 billion.

Naspers to raise up to $11 billion by trimming Tencent stake

Mar 22, 2018, 1:16pm UTC
https://www.reuters.com/article/us-naspers-tencent-holdings-share-sale/naspers-to-raise-up-to-11-billion-by-trimming-tencent-stake-idUSKBN1GY1J7 >Naspers is cutting its stake in lucrative Chinese investment Tencent by as much as 2 percent in a deal that could net the South African media and e-commerce group up to $11 billion.