JEREMY THOMAS: Investors turn from Naspers jalopy to sexier ride in Prosus

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JEREMY THOMAS: Investors turn from Naspers jalopy to sexier ride in Prosus 🔒

Now that Naspers has shed its sexiest bits, given them a Dutch accent, and put them in Prosus, the company looks somewhat like the print-driven jalopy of 40 years ago.

Naspers was heading that way after MultiChoice got its own JSE listing in February, but these days you have to lift the bonnet, fiddle with a few wires and maybe hit it with a spanner to see what makes it tick.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

 

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