KM Financial Solutions | UPDATE 2-South Africa’s Naspers plans to spin off, list pay-TV unit
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UPDATE 2-South Africa’s Naspers plans to spin off, list pay-TV unit

UPDATE 2-South Africa’s Naspers plans to spin off, list pay-TV unit

South Africa’s Naspers
unveiled plans on Monday to spin off and list
separately its pay-TV unit, its first major move aimed at
narrowing a discount between its market value and the value of
its stake in Chinese technology giant Tencent.

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