Naspers, Prosus post strong profit growth
Jul 09, 2021
2 minutes
By Jaco Visser
holding companies have traditionally struggled to narrow the gap between their net asset value and the price at which its stocks are trading on bourses. Naspers*, and subsidiary Prosus, are no different.
In a two-pronged move to address the substantial discount at which Naspers and Prosus are trading to their technology-laden assets, the companies announced a share buyback in November last year. By the end of June, Prosus has
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