Deals

Naspers to Separate Tencent Stake, Web Assets in Dutch Listing

Bulk of the company will be listed on Euronext Amsterdam
Move is part of plan to cut gap with value of Tencent holding

Naspers CEO Bob Van Dijk discusses the company’s primary listing of global consumer internet assets.(Source: Bloomberg)

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Loni Prinsloo

March 25, 2019 at 6:57 AM UTC

Updated on

March 25, 2019 at 9:50 AM UTC

This article is for subscribers only.

Naspers Ltd. plans to carve out its internet businesses, including a $133-billion stake in China’s Tencent Holdings Ltd. that has long exceeded the South African technology investor’s own market value.

Naspers 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.