Friday, March 23, 2018

Naspers Raises $9.8bn In Tencent Share Sale, As Messaging Giant Loses $51bn In Two Days

Emerging markets media giant Naspers has raised $9.8-billion by selling a 2% stake in Chinese messaging behemoth Tencent, which has lost $51-billion in value in the past two days.

from Forbes Real Time https://www.forbes.com/sites/tobyshapshak/2018/03/23/naspers-raises-9-8bn-in-tencent-share-sale/
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