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India

Naspers Ltd (NPNJn.J)

NPNJn.J on Johannesburg Stock Exchange

379,436.25ZAc
23 Nov 2017
Change (% chg)

-10,573.80 (-2.71%)
Prev Close
390,010.00
Open
389,600.00
Day's High
391,587.00
Day's Low
373,741.00
Volume
1,614,212
Avg. Vol
1,100,819
52-wk High
414,299.00
52-wk Low
192,598.00

Latest Key Developments (Source: Significant Developments)

Naspers ‍expects HY core HEPS to be between 132 US cents and 142 US cents
Friday, 17 Nov 2017 

Nov 17 (Reuters) - NASPERS LTD ::‍EXPECT HY CORE HEADLINE EARNINGS PER SHARE TO BE BETWEEN 62% (132 US CENTS) AND 67% (142 US CENTS) HIGHER THAN COMPARABLE PERIOD'S 212 US CENTS​.NASPERS LTD - ‍EXPECTS HY HEADLINE EARNINGS PER SHARE TO INCREASE BY BETWEEN 62% (80 US CENTS) AND 67% (86 US CENTS) FROM PRIOR PERIOD'S 129 US CENTS​.  Full Article

Delivery Hero CEO reiterates ready for possible IPO
Tuesday, 23 May 2017 

May 23 (Reuters) - :Delivery Hero CEO reiterates that prepared for possible IPO if feels it is the right time, no further comment.Delivery Hero CEO says does not exclude further acquisitions.  Full Article

Russia's Megafon says completes acquisition of stake in Mail.ru
Thursday, 9 Feb 2017 

Russian mobile operator Megafon says: Completes acquisition of a stake in internet group Mail.ru In late 2016, Megafon agreed to pay $740 million for the stake in Mail.ru. [nL5N1EI0T4] Further company coverage: [MFON.MM] (Reporting by Moscow Newsroom) ((andrey.ostroukh@thomsonreuters.com;)).  Full Article

Naspers sells Allegro, Ceneo for $3.25 bln
Friday, 14 Oct 2016 

Naspers Ltd : JSE: NPN - Sale Of Grupa Allegro Sp.Z.O.O. And Ceneo S.P.Z.O.O . Deal for total consideration of us$3.253bn . Sale to funds advised by private equity firms Cinven, Permira and Mid Europa . Proceeds will be used to repay debt, fund continued scaling of ecommerce businesses, and finance new acquisitions .Closing of deal expected before end of fiscal 2017.  Full Article

S.Africa's Competition Tribunal imposes credit guarantee on Media 24
Tuesday, 6 Sep 2016 

South Africa's Competition Tribunal: Imposed a credit guarantee remedy on Media 24 following finding that it forced out a competitor . Credit guarantee remedy allows current or new publications within Goldfields area to approach Media 24 for specific credit terms .Credit guarantee if taken up operates for three years provided a publication does not default.  Full Article

Naspers FY core headline earnings rise 21 pct to $1.2 bln
Friday, 24 Jun 2016 

Naspers Ltd : FY core headline earnings grew 21 pct to us$1.2bn . Consolidated development spend reduced 14 pct to us$708m . FY revenues grew 6 pct (22 pct) to us$12.2bn, driven by growth from tencent and from ecommerce on back of revenue growth in classifieds, travel and etail . Naspers will invest in long-term growth opportunities such as showmax, letgo and ibibo and seek further new promising models . In video entertainment, loss of dth subscribers and falling currencies in sub- saharan africa will have a significant impact on earnings and cash flows . It could take some time before plans implemented to reinvigorate growth and cut costs have a material positive impact .Recommends that annual gross dividend be increased by 11 pct to 520 cents (previously 470 cents) per listed n ordinary share, and 104 cents (previously 94 cents) per unlisted a ordinary share.  Full Article

Naspers Ltd sees FY core HEPS up between 15 and 20 pct
Wednesday, 15 Jun 2016 

Naspers Limited : Expect FY core headline earnings per share to be between 15% (38 US cents) and 20% (51 US cents) higher than comparable period's 255 US cents .HEPS for FY is expected to increase by between 0% and 5% from prior period's 167 US cents..  Full Article

UPDATE 1-South Africa's rand at one-month peak ahead of downgrade decisions

* Stocks stumbles on Naspers dip (Adds latest prices, analyst comments)