Almost a year after marketplace giant Prosus and its South African parent Naspers had completed a deal that set up a cross-holding structure and moved majority ownership of its international assets to Amsterdam. It was reported on Aug. 18 that it wanted to start selling its Prosus shares to buy back its own, subject to the approval of the South African Reserve Bank. This is merely two months after Naspers and Prosus indicated it was doing the same by selling its Chinese tech Giant Tencent shares.

This article is locked. Please email info@aimgroup.com for more information.