Tag: #Prosus

Showing 2 of 2 posts with this tag

Prosus Denies Report of Talks to Sell Controlling Stake in Tencent to CITIC

News emerged on October 31 that a consortium headed by CITIC Group, one of China's largest conglomerates, was in discussion with Naspers, a major shareholder of Tencent, to acquire its shares in full. Naspers' subsidiary Prosus later responded, calling the report "speculative and untrue."

11/1/20223 min read

#Featured #shareholder

Industry

Prosus Continues to Reduce Its Stake in Tencent

Prosus, a major shareholder of Tencent, announced that as part of its ongoing share buyback plan, it will deposit 96 million Tencent shares it holds into the Hong Kong Central Clearing and Settlement System (CCASS) in certificate form this week to enable these shares to be traded orderly on the market.

4/12/20232 min read

#Tencent #Finance