Prosus to cut $134bn Tencent stake to fund buyback - Moneyweb

However, Naspers and Prosus surge by double digits on the JSE.

Prosus NV is planning to sell more of its $134 billion stake in Chinese internet giant Tencent Holdings Ltd to finance a buyback program, reversing a pledge to hold onto the full shareholding. Tence… [+3242 chars]

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