Edition:
India

Naspers Ltd (NPNJn.J)

NPNJn.J on Johannesburg Stock Exchange

226,900.00ZAc
15 Oct 2019
Change (% chg)

80.00 (+0.04%)
Prev Close
226,820.00
Open
226,920.00
Day's High
228,463.00
Day's Low
225,648.00
Volume
1,065,682
Avg. Vol
1,163,729
52-wk High
375,001.00
52-wk Low
222,301.00

Latest Key Developments (Source: Significant Developments)

PayU Buys Majority Stake In Singapore-Based Red Dot Payment
Friday, 5 Jul 2019 

July 4 (Reuters) - PayU : :PAYU - ACQUIRES MAJORITY STAKE IN SINGAPORE-BASED RED DOT PAYMENT IN A TRANSACTION VALUING IT AT US$65 MILLION.  Full Article

Naspers Appoints Phuthi Mahanyele-Dabengwa To Global Naspers Management Team As CEO, South Africa
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Naspers Ltd ::NASPERS - APPOINTMENT OF PHUTHI MAHANYELE-DABENGWA TO GLOBAL NASPERS MANAGEMENT TEAM AS CEO, SOUTH AFRICA.  Full Article

Carousell Gets Investment From Naspers Which Values It At Over $550 Mln
Thursday, 11 Apr 2019 

April 11 (Reuters) - CAROUSELL::CO GETS INVESTMENT FROM NASPERS, THROUGH ITS CLASSIFIEDS BUSINESS ARM, OLX GROUP.INVESTMENT FROM NASPERS VALUES CO AT OVER $550 MILLION.AGREEMENT INCLUDES ACQUISITON OF OLX PHILIPPINES BY CO IN DEAL WORTH $56 MILLION & GIVES OLX GROUP ABOUT 10% STAKE IN CO.  Full Article

Naspers Says Guijin Liu Steps Down From Board
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - Naspers Ltd ::GUIJIN LIU HAS STEPPED DOWN FROM BOARD EFFECTIVE 25 FEBRUARY 2019.  Full Article

Naspers Invests $1.16 Bln In Avito
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Naspers Ltd ::CO'S CLASSIFIEDS BUSINESS OLX ANNOUNCED INVESTMENT OF $1.16 BILLION AT IMPLIED ENTERPRISE VALUE OF $3.85 BILLION TO BUY FURTHER 29.1 PCT STAKE IN AVITO.OLX GROUP’S STAKE INCREASES FROM 70.4 PCT TO 99.6 PCT ON A FULLY DILUTED BASIS..TRANSACTION CLOSED ON JANUARY 25, 2019 AND WAS FUNDED BY NASPERS’ EXISTING CASH RESOURCES.  Full Article

Naspers confirms in talks to increase Avito stake
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Naspers Ltd ::NASPERS LTD SPOKESWOMAN: "WE CAN CONFIRM THAT WE ARE CURRENTLY ENGAGED IN A PROCESS TO POTENTIALLY INCREASE OUR STAKE IN AVITO, RUSSIA'S LEADING ONLINE CLASSIFIEDS BUSINESS".NASPERS LTD SPOKESWOMAN: "NASPERS WILL PROVIDE AN UPDATE AS AND WHEN THE POTENTIAL TRANSACTION IS CONFIRMED".  Full Article

Naspers Announces Unbundling Of Multichoice Shares To Co
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Naspers Ltd ::UNBUNDLING OF MULTICHOICE SHARES TO NASPERS.TO FACILITATE UNBUNDLING AND LISTING MULTICHOICE WAS INCORPORATED AS A WHOLLY OWNED SUBSIDIARY OF MIH HOLDINGS PROPRIETARY LIMITED.PROPOSES TO UNBUNDLE VIDEO ENTERTAINMENT BUSINESS HELD BY MULTICHOICE TO HOLDERS OF ITS "N" & "A" ORDINARY SHARES, RESPECTIVELY.TO DISTRIBUTE 43.9M MULTICHOICE SHARES TO NASPERS SHAREHOLDERS.CASH PROCEEDS OF SALE OF FRACTIONAL ENTITLEMENTS PAYABLE TO SHAREHOLDERS HOLDING "A" ORDINARY TO BE PAID NET OF ANY APPLICABLE TAXES/COSTS.TO IMPLEMENT UNBUNDLING BY PRO RATA DISTRIBUTION IN SPECIE OF SHARES OF NO PAR VALUE IN MULTICHOICE FOR NO CONSIDERATION TO CO'S SHAREHOLDERS.  Full Article

Naspers Says MultiChoice Finalising Pre-Listing Statement For JSE Submission
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Naspers Ltd ::UNBUNDLING AND LISTING OF MULTICHOICE.CONFIRMS THAT MULTICHOICE IS FINALISING ITS PRE-LISTING STATEMENT FOR PURPOSES OF SUBMISSION TO JSE.  Full Article

Naspers N Shares Approved For Inclusion In List Of Qualifying Equity Securities On A2X
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Naspers Ltd ::SECONDARY LISTING ON A2X.ITS N ORDINARY SHARES APPROVED FOR INCLUSION IN LIST OF QUALIFYING EQUITY SECURITIES TO BE TRADED ON A2X WITH EFFECT FROM 27 DECEMBER 2018.NASPERS WILL RETAIN ITS PRIMARY LISTING ON JOHANNESBURG STOCK EXCHANGE.  Full Article

Naspers Says Co and Canadian Pension Plan Investment Board Invest $540 Mln In India's Byju's
Monday, 17 Dec 2018 

Dec 17 (Reuters) - :NASPERS SAYS CO LEADS $540 MILLION INVESTMENT IN INDIA'S BYJU'S; SIGNIFICANT PORTION ALSO CONTRIBUTED BY CANADIAN PENSION PLAN INVESTMENT BOARD-STATEMENT.  Full Article

Naspers holds 74% stake in Prosus post IPO

AMSTERDAM South African investment company Naspers Ltd. said on Monday it holds a 74% stake in Prosus , the Dutch holding firm it has spun off to run its global consumer internet investments, including a 31% stake in China's Tencent .