Naspers spin-off Prosus soars by a third in its Amsterdam market debut

It is the biggest step yet by CEO Bob van Dijk to reduce a valuation gap between Naspers and its Chinese money-maker, TencentNaspers’s new international listing surged by a third on its stock market debut in Amsterdam on Wednesday, valuing it at about R1.9-trillion and handing Europe its biggest consumer internet company.

Prosus – which has a secondary listing on the JSE – jumped as much as 29%, before paring gains to trade at €73.19, well above an indicative price of €58.70 the Euronext exchange had given prior to the listing, which also creates the third-largest company on the European stock exchange after Shell and Unilever.

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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Naspers European tech company has stunning debutNaspers gambled in investing in Tencent in 2001 when it was still a tech start-up but the Chinese firm has now morphed into an internet giant.
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