Prosus gets $1.25bn with Tencent stake boost
Prosus, the Dutch-based consumer internet company spun off by Naspers in September, has launched a $1.25bn 10 year bond, days after it failed to convince shareholders in takeaway delivery group Just Eat to sell it the company.
Prosus holds Naspers’ 31% stake in Tencent, the Chinese internet group, whose value has long dominated the stock market valuation of Naspers. The parent’s roots lie in South African media and newspaper publishing.Wholly owned by ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org