Prosus gave up its stake in Russia’s largest social network for nothing, walking away from a company run by an executive under US sanctions. VK sold the shares acquired from …
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Prosus terminates R85 billion deal to buy India’s BillDesk
Prosus, the consumer internet arm of Naspers, a South African multinational technology company, says its $4.7 billion (R84.8 billion) deal to buy Indian digital payments provider BillDesk has fallen through …
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BusinessInformation & TechnologySouthern AfricaTechnology
Naspers in a bid to sell Prosus shares to fund its own share buyback
Less than two months after Naspers and Prosus announced that they were offloading some of their stakes in Chinese tech giant Tencent to buy back their own shares, Naspers said on Wednesday …
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Naspers and its subsidiary Prosus will slowly be selling off parts of its stake in Chinese tech giant Tencent in order to fund an open-ended programme to repurchase its own …