Naspers Hunts for Acquisitions With $8 Billion Budget -FT
14 April 2020 - 8:37PM
Dow Jones News
--Naspers Ltd. is looking for acquisition targets with a budget
of $8 billion including cash and debt, Chief Executive Bob van Dijk
says in an interview with the Financial Times.
--The coronavirus crisis will provide investment opportunities
and Naspers--which last year listed its major stake in Chinese tech
giant Tencent Holdings Ltd. and its other international assets in
Amsterdam through Prosus NV--will focus on areas where it has
operational expertise, Mr. van Dijk says, according to the FT.
Full story: https://on.ft.com/3eop2EC
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
April 14, 2020 06:22 ET (10:22 GMT)
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