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Prosus sells Tencent stock in world's second-biggest block trade - Vimarsana News

Prosus sells Tencent stock in world's second-biggest block trade

Stan Wong's Top Picks: April 7, 2021 Stocks rise after Fed minutes as volume dwindles The Daily Chase: Alberta, Ontario toughen COVID rules; 1 in 5 hoping for home-price crash Paul Harris' Top Picks: April 6, 2021 With US$1 trillion of distress gone, debt pickers find scraps The Robinhood generation is debating old school investors on trading stocks Stocks decline in slowest trading day of this year Larry Berman: S&P 500 earnings expectations rise into sell-in-May rally Brian Madden's Top Picks: April 5, 2021 Goldman axes short dollar call as U.S. yields spoil bet As meme stock mania fizzles,...

Prosus sells 2% of Tencent for $14.7 billion in world's largest block trade - Vimarsana News

Prosus sells 2% of Tencent for $14.7 billion in world's largest block trade

Prosus sells 2% of Tencent for $14.7 billion in world's largest block trade By Scott Murdoch and Toby Sterling Reuters (Reuters) -Holland-based technology investor Prosus NV has sold 2% of Tencent Holdings Ltd for $14.7 billion, the Chinese gaming and social media giant said on Thursday, in the world's largest-ever block trade. Tencent, in a Hong Kong Stock Exchange filing, said Prosus sold 191.89 million shares for HK$114.1 billion ($14.67 billion), reducing its stake to 28.9%. That works out as HK$595 per share, confirming Reuters' earlier report in which sources said Prosus sold the stock...

Prosus sells 2% of Tencent for $14.7 bln in world's largest block trade - Vimarsana News

Prosus sells 2% of Tencent for $14.7 bln in world's largest block trade

Publishing date: Apr 07, 2021  •  2 hours ago  •  2 minute read  •  Article content Holland-based technology investor Prosus NV has sold 2% of Tencent Holdings Ltd for $14.7 billion, the Chinese gaming and social media giant said on Thursday, in the world’s largest-ever block trade. Tencent, in a Hong Kong Stock Exchange filing, said Prosus sold 191.89 million shares for HK$114.1 billion ($14.67 billion), reducing its stake to 28.9%. We apologize, but this video has failed to load. Try refreshing your browser, or Prosus sells 2% of Tencent for $14.7 bln in world's largest bl...

Naspers investors want big deals, share buyback - Vimarsana News

Naspers investors want big deals, share buyback

MONEYWEB app instead? After Tencent windfall. 16:26  Image: Shutterstock Investors in Naspers Ltd – Africa’s biggest company – said on Thursday they want proceeds from a $14.7 billion stake sale in its Tencent Holdings investment to go towards blockbuster acquisitions or a share buyback. Naspers’ Dutch-listed subsidiary Prosus NV sold a 2% stake in the Chinese gaming and social media giant on Thursday in the world’s largest-ever block trade, reducing its stake to 28.9%. INSIDERGOLD Subscribe for full access to all our share and unit trust data tools, our award-winning articles...

Prosus sells Tencent stock in second-biggest block trade ever - Vimarsana News

Prosus sells Tencent stock in second-biggest block trade ever

Paul Gardner's Top Picks: April 8, 2021 Topps looks to go public in US$1.3B deal with SPAC Stan Wong's Top Picks: April 7, 2021 Stocks rise after Fed minutes as volume dwindles The Daily Chase: Alberta, Ontario toughen COVID rules; 1 in 5 hoping for home-price crash Paul Harris' Top Picks: April 6, 2021 With US$1 trillion of distress gone, debt pickers find scraps The Robinhood generation is debating old school investors on trading stocks Stocks decline in slowest trading day of this year Larry Berman: S&P 500 earnings expectations rise into sell-in-May rally Brian Madden's Top Picks: April 5...