Financial Services In brief South Africa

Naspers to list a subsidiary company on Euronext Exchange

Newco, a Naspers subsidiary company, is set to list on the Euronext Exchange in July 2019. As part of the listing, Newco will hold all of Naspers offshore technology assets - including Tencent, OLX and PayU - and will have a secondary inward listing on the Johannesburg Stock Exchange (JSE).

Naspers will remain listed on the JSE. Read the full story in the Daily Maverick.

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