[ad_1] Shareholders of Amsterdam-listed consumer internet giant Prosus on Wednesday approved a plan to put an end to a complex cross-shareholding arrangement with its parent Naspers. During its AGM, shareholders…
Tag: crossholding
Dutch tech investor Prosus to end cross-holding with parent Naspers
[ad_1] Company introduced cross-holding structure two years ago Removal of structure will help in continuing buyback, it said Annual profit fell to $10 bln on lower Tencent contribution JOHANNESBURG, June…
Naspers eyes end to complex cross-holding structure with Prosus | Business
[ad_1] Consumer internet giant Naspers said it is looking to wrap up its complex cross-holding structure with subsidiary Prosus in order to continue share buybacks. SA company rules limit how…