Naspers to Separate Tencent Stake, Web Assets in Dutch Listing

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Naspers to Separate Tencent Stake, Web Assets in Dutch ListingNaspers chose Euronext Amsterdam to list a business that includes its 31 percent holding in Tencent, as well as investments in Russian internet platform Mail.Ru, German food delivery business Delivery Hero and Indian e-commerce startup Swiggy. The listing, meant to attract international investors, is part of Chief Executive Officer Bob Van Dijk’s effort to reduce the gap between the Cape Town-based company’s market value of about 1.41 trillion rand ($97.9 billion) and its Tencent stake. Naspers has been considering listings other than its primary one in Johannesburg, which some investors have encouraged.


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