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Prosus declares voluntary exchange offer to acquire 45.4% of Naspers shares

Wednesday 12 May 2021 | 11:30 CET | News
Naspers subsidiary Prosus has announced a voluntary share exchange offer to Naspers shareholders. It seeks to acquire 45.4 percent of the issued Naspers N shares, which would double the economic interest of the Prosus free float from around 27 percent to around 60 percent. This would create immediate value for both Naspers and Prosus shareholders, and the increased liquidity, improved market index weightings and enhanced trading dynamics for Prosus would be value-creating for both Prosus and Naspers shareholders over the longer term.

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Categories: Internet
Companies: Naspers / Prosus
Countries: World
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