22 Mar 2018
Naspers announces its intention to sell up to 190 million Tencent shares
By Janice Roberts
Naspers has announced its intention to sell up to 190 million Tencent Holdings Limited (Tencent) shares, equal to 2% of Tencent’s total issued share capital (the Tencent Sale Shares), reducing its stake in Tencent from 33,2% to 31,2% (the Transaction). This is according to a notification published on SENS this morning.