Prosus to cut $134 billion Tencent stake to fund buyback

Bloomberg Jun 27, 2022 11:26 · 15.5k Views

Prosus NV is planning to begin selling more of its $134 billion stake in Chinese internet giant Tencent Holdings Ltd. in an “orderly” disposal to finance a buyback program. Tom Mackenzie has the details on Bloomberg Television.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more