Naspers: Buybacks Represent A Positive Step Toward Addressing The ‘Double-Discount’
Naspers: Buybacks Represent A Positive Step Toward Addressing The 'Double-Discount' 3Naspers announced a planned buyback using proceeds from the Prosus share placement. The planned repurchase is timely – the consolidated Naspers + Prosus has widened to ~45% on a market cap-basis. Compelling opportunity to gain exposure to premier consumer Internet names and a high-growth private portfolio at a steep discount. Following the …
News story posted on 2020-01-28T15:32:00.0000000Z