NPSNY - Naspers Limited
| Previous Close | 34.75 |
| Open | 33.90 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 33.78 - 34.22 |
| 52 Week Range | 27.25 - 35.61 |
| Volume | 1,650,735 |
| Avg. Volume | 557,135 |
| Market Cap | 73.438B |
| Beta (5Y Monthly) | 0.60 |
| PE Ratio (TTM) | 13.01 |
| EPS (TTM) | 2.62 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.10 (0.29%) |
| Ex-Dividend Date | Sep 10, 2019 |
| 1y Target Est | N/A |
- Financial Times
Takeaway.com wins takeover battle for Just Eat
Takeaway.com has beaten Naspers in its months-long battle for Just Eat, after winning the backing of shareholders in the London-based food ordering pioneer for its £6bn takeover. Just Eat shareholders roundly rejected Prosus’ 800p-a-share offer, with holders owning just 0.02 per cent of the company accepting the £5.5bn all-cash deal before it lapsed on Friday. The enlarged Just Eat faces competition around the world not only from Prosus, which has also backed iFood in Brazil and Swiggy in India, but also Uber’s Eats unit, SoftBank-backed DoorDash and London-based Deliveroo.
- Barrons.com
Just Eat Gets Higher Final Offers in Takeover Battle. Now It’s Time for Shareholders to Choose.
Prosus and Takeaway.com have both increased their offers as the final deadline to buy the U.K. food delivery company Just Eat nears.
- Barrons.com
Cash Is Usually King In M&A. Not for This Company.
When it comes to M&A, cash is usually king. Not so for Just Eat which on Tuesday rejected an improved offer from Prosus saying the new bid still “significantly undervalued” the U.K. food delivery company.
- Moody's
Naspers Limited -- Moody's assigns Baa3 issuer rating to Prosus N.V. and (P)Baa3 to its proposed GMTN Program; ratings on Naspers withdrawn
Moody's Investors Service ("Moody's") has today assigned a Baa3 long-term issuer rating to Prosus N.V. ("Prosus") and a (P)Baa3 rating to its proposed $6 billion Global Medium Term Note (GMTN) Program, which Prosus is establishing to facilitate future bond issuances. Moody's has also affirmed the Baa3 ratings on the existing bonds issued by Prosus (formerly Myriad International Holdings B.V.).
- Reuters
First-half profit at South Africa's Naspers almost halves
South African e-commerce giant Naspers reported a 48% slump in half-year profit on Friday, at the better end of its guidance range after a previously-flagged drop in gains on investments at China's Tencent. Founded more than 100 years ago, Naspers has transformed itself from a newspaper publisher into an empire worth almost $70 billion, with its 31% stake in Tencent the jewel in its crown. Naspers said earlier this week its profits could fall by up to 53.6% after a reduction in fair value gains on investments held by Tencent from $1.4 billion in 2018 to $400 million this year.
- Moody's
Growthpoint Properties International -- Moody's takes action on five South African corporates following sovereign outlook change
Dubai, November 07, 2019 -- Moody's Investors Service ("Moody's") has today taken rating actions on five South African corporates. These rating actions follow Moody's sovereign outlook change, on 1 November, of the Government of South Africa's ratings to negative from stable and affirmation of the Baa3 long-term foreign-currency and local-currency issuer ratings.
- Moody's
Naspers Limited -- Moody's announces completion of a periodic review of ratings of Naspers Limited
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Naspers Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Reuters
Naspers spin-off Prosus surges 25% on Amsterdam market debut
Shares in Prosus, a spin-off from Naspers that includes the e-commerce group's 31% stake in Chinese tech giant Tencent, surged more than 25% on their stock market debut in Amsterdam on Wednesday, creating one of Europe's largest internet companies. Prosus comprises South African group Naspers' global empire of consumer internet assets, including the stake in Tencent, the world's biggest video game company and home to China's hugely popular WeChat social media platform. "We've become so big that further growth of our company on the JSE (Johannesburg Stock Exchange) would be difficult," Naspers CEO Bob van Dijk told reporters after the listing, which values Prosus at more than $100 billion.
