Prosus to gradually sell Tencent shares, reducing 28.9% stake

Dutch tech investment company Prosus and its parent company Naspers said on Monday that they plan to reduce their 28.9% stake in Tencent to fund a share purchase program. Prosus’s current stake in Tencent is worth about $136 billion. The move is aimed at closing the gap between the market value of Prosus…
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