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South Africa

Corporate Finance

Prosus Sells Tencent Stock in World’s Second-Biggest Accelerated Offering

Download PDF Prosus NV (AMS:PRX) – Market Cap as of 16th April 2021 €156.3bn Tencent Holdings (0700.HK) – Market Cap as of 16th April 2021 HK$6,063.9bn Introduction Prosus NV, the international asset division of Naspers and one of the largest technology investors in the world, sold a 2% stake in Read more…

By BSIC, 4 years18 April 2021 ago
Corporate Finance Old Articles

FirstRand and Aldermore: a GBP 1.1bn merger across South Africa and UK

FirstRand Ltd (FSR:SJ) – market cap as of 11/10/2017: ZAR295.3bn Aldermore Group Plc (ALD:LN) – market cap as of 11/10/2017: GBP1.07bn Introduction FirstRand and Aldermore, as of 6 November 2017, have agreed upon merging in a £1.1bn deal, at 313 pence per share in cash which implies a 22% premium Read more…

By BSIC, 8 years12 November 2017 ago

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