How a Hostile Takeover Bid From a South African Tech Giant Could Reshape Global Food Delivery [The Motley Fool]
NASPERS LTD S/ADR (NPSNY)
NASDAQ:AMEX Investor Relations:
naspers.com/news/publication-of-prospectus-and-expected-admission-o
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Source: The Motley Fool
How a Hostile Takeover Bid From a South African Tech Giant Could Reshape Global Food Delivery Many know South African media company Naspers ( OTC:NPSNY Tencent OTC:TCEHY Prosus OTC:PROSY spun off from Naspers in September Many of these "other assets" besides Tencent are afterthoughts for investors, yet they could contain the seeds for Naspers' next big play. When asked what its "next Tencent" could be, Naspers management usually discusses its global food delivery At the time of the Prosus spinoff in September, Naspers had stakes in three large food delivery businesses: Brazil's iFood, India's Swiggy, and Germany's Delivery Hero OTC:DLVHF Just Eat OTC:JSTTY The global food delivery wars are on. Image source: Getty Images. Everyone wants to "Just Eat" Naspers' bid for Just Eat came after the company had already received an all-stock bid from Netherlands-based Takeaway.com AMS:TKWY Just Eat management promptly rejected the Prosus offer, instead choosing to go forward with the Takeaway.co
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- Naspers (NPSNY) is on the Move, Here's Why the Trend Could be Sustainable [Yahoo! Finance]Yahoo! Finance
- Naspers-Backed Startup Gets Debt Funding to Cut Euro Obligations [BNN Bloomberg (Canada)]BNN Bloomberg
- Google's ‘Dominance' Succeeded Where Apartheid Couldn't – Forcing South Africa's Fourth Estate Onto ‘Its Knees' [Forbes]Forbes
- Institutions along with individual investors who hold considerable shares inNaspers Limited (JSE:NPN) come under pressure; lose 9.4% of holdings value [Yahoo! Finance]Yahoo! Finance
- Naspers: Prosus Not Fully Recognised, Venture Assets Negatively Valued [Seeking Alpha]Seeking Alpha