Africa's most valuable company comes to Europe
FT News in Focus
English - September 02, 2019 13:34 - 11 minutes - 15.7 MB - ★★★★ - 133 ratingsNews Commentary News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Naspers, a publisher once condemned as a mouthpiece of the apartheid regime in South Africa, has quietly become one of the world’s biggest internet investors thanks to a stake in China’s Tencent. On 11 September it will list its global internet assets on the Amsterdam bourse, becoming Europe's biggest consumer internet company overnight. Arash Massoudi discusses how it got there with Joseph Cotterill in Johannesburg.
Contributors: Arash Massoudi, corporate finance and deals editor, and Joseph Cotterill, Southern Africa correspondent. Producer: Fiona Symon
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