Home Technology Koos Bekker offloads R3-billion in Prosus shares

Koos Bekker offloads R3-billion in Prosus shares

by Neo Africa News
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Koos Bekker offloads R3-billion in Prosus shares
Koos Bekker

A household belief linked to Koos Bekker — one in every of South Africa’s richest individuals — offered about €156-million (R3-billion) of shares in web investing big Prosus to fund constructing operations at lodges in South Africa, the UK and Italy.

The belief related to the billionaire, who chairs the corporate, offered 3.9 million shares over three days this week, Amsterdam-based Prosus mentioned in an announcement.

Prosus’s mother or father firm is Cape City-headquartered Naspers, which Bekker helped construct into one of many greatest expertise buyers globally.

Underneath his management, the newspaper writer grew into the largest rising market media group, proudly owning Africa’s largest pay-TV community and a stake in Hong Kong-based Tencent Holdings. He additionally helped discovered cellular community operator MTN.

Bekker, 72, and his spouse Karen Roos — a former editor of Elle Ornament South Africa — have collectively developed luxurious nation estates with eating places, gardens and spas together with Babylonstoren within the Western Cape and The Newt in Somerset within the UK.

The household belief continues to retain all its Naspers shares and four-fifths of the whole curiosity in Prosus that it had previous to the disposals, in line with the assertion.  — (c) 2024 Bloomberg LP

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