Naspers to Spin Off Internet Businesses in Euronext Listing

Tencent shareholder Naspers plans to float a portion of its e-commerce ventures on Euronext in Amsterdam, a move South Africa’s biggest company said on Monday will create Europe’s largest listed Internet group. As well as holding a one third stake in China’s Tencent, which is worth around $122 billion, Naspers also owns other assets such…