It is ironic that coal fired power plants contribute to climate change which could result in the malfunctioning of the power plants, writes Melanie Verwoerd.
Morning clouds. Mild.
Prosus has raised its bid for UK food delivery firm Just Eat as it tries to win over investors and beat out an offer from rival Takeaway.com.
Prosus has appealed to food delivery group Just Eat to accept its offer and reject that of rival Takeaway.com, which it branded risky.
Prosus investing arm and payments and fintech business PayU has announced two investments in India, increasing the company’s portfolio in what it referred to as a high-potential market.
The new Naspers international digital company Prosus has made a hostile bid of R93.35bn for the UK-based food delivery company Just Eat.
The JSE rallied on Wednesday on the back of broad-based gains across all the major indices which were inspired by gains across most global stocks.
Naspers is all set to list internet assets including Tencent Holdings in Amsterdam after valuing the newly created group at about R1.5 trillion.
The dominance of Naspers over the South African stock market is about to be reduced - partially at least.
Naspers shareholders have voted to support a resolution for the proposed spinoff and Amsterdam listing of the company's international technology interests.
Naspers had scheduled the Prosus listing for July 17. It now plans to list in September, following a shareholders meeting in mid-August.
Naspers' interim results show virtually all revenues now generated from online activities, the group says.
Prosus lowered the level of shareholder approval required for the offer - from 90% to 75%.
The new Naspers-owned global digital company Prosus believes it has made a compelling offer for UK-based food delivery firm.
It appears there will be more buying of Naspers shares over the next few days, says a market analyst.
Prosus made a strong start to its first trading day in Amsterdam and Johannesburg.
Brand-new company Prosus, which now owns all of Naspers’ international internet assets, will make its debut on the Euronext bourse in Amsterdam.
Naspers CFO Basil Sgourdos told Fin24 that the internet giant appreciated the 'resounding vote of confidence' from shareholders as an exciting development in the company's history.
The media and internet giant is aiming to list its international internet assets on the Euronext Amsterdam exchange, with a secondary inward listing on the JSE.
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