January 21, 2019 / 4:11 PM / 3 months ago

S.Africa's Naspers given green light to list pay-TV business

JOHANNESBURG, Jan 21 (Reuters) - South African media and e-commerce group Naspers has had its plan to spin-off and list Multichoice, Africa’s biggest pay-TV business by subscribers, conditionally approved by the Johannesburg Stock Exchange, the company said on Monday.

The stock will list on Feb. 27, Naspers said in a stock exchange announcement, with Multichoice’s share capital going to current Naspers shareholders. (Reporting by Emma Rumney Editing by Joe Brock)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below