Naspers affiliate Tencent’s shares are dangerously close to losing a key support level.
Browsing: Naspers
Prosus may be a bit late with its offer to buy Just Eat: Takeaway.com and Just Eat announced their proposed transaction at the beginning of August and have already published a schedule of events to finalise it.
Naspers spin-off, Netherlands-listed Prosus, is making an audacious, R93.5-billion hostile bid to buy London-listed Just Eat.
Tuesday’s dramatic hostile counter-bid for the British Internet takeout company Just Eat arrived almost fully baked. But the new offer isn’t that tempting – it needs a big dollop of dessert to make it irresistible.
Facebook’s remaining partners in its digital currency project signed paperwork on Monday to officially join the Libra Association.
Facebook’s effort to create a cryptocurrency was dealt a blow on Friday after several key partners, including Mastercard, Visa, eBay, Stripe and Mercado Pago, abandoned the project.
Naspers CEO Bob van Dijk said on Wednesday that the South African consumer Internet group remains a committed member of the Libra Association, the organisation overseeing the libra cryptocurrency.
Prosus, which listed in Amsterdam just last week, is splitting opinion among the first investment banks to cover the stock.
The astonishing things is that shareholders were asked to approve the new scheme – and did – without knowing what the performance condition was.
Investors piled into Naspers’s newly listed Dutch unit, holding assets including a lucrative stake in Tencent Holdings, sending its shares soaring on their trading debut in Amsterdam.