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Tencent investors Naspers and Prosus announce abrupt departure of CEO Bob van Dijk - TL;DR CNBC

Tencent investors Naspers and Prosus announce abrupt departure of CEO Bob van Dijk

Publishing timestamp: 2023-09-18 07:29:11


Summary

The article discusses the unwinding of the complex ownership structure between Naspers and Prosus, with Naspers being given approval to buy back more of its shares from Prosus. The departure of the CEOs of both companies is highlighted, as well as the previous investment in Tencent by Naspers. The article also mentions the completion of the crossholding process and the appointment of an interim CEO. The article concludes with the mention of Naspers' slipping shares and the controversy surrounding the previous CEO's pay.


Sentiment: MIXED

Tickers: 700-HK

Keywords: businesstechnologybusiness newstencent holdings ltdbreaking news: technology

Source: https://www.cnbc.com/2023/09/18/tencent-investors-naspers-and-prosus-announce-abrupt-departure-of-ceo.html


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