JOHANNESBURG: Naspers Ltd plans to carve out its Internet businesses, including a US$133bil stake in China’s Tencent Holdings Ltd that has long exceeded the South African technology investor’s own market value.
Naspers chose Euronext Amsterdam to list a business that includes its 31% holding in Tencent, as well as investments in Russian Internet platform Mail.Ru, German food delivery business Delivery Hero and Indian e-commerce startup Swiggy.
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