ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

Tencent's biggest investor to trim stake

A unit of South African group Naspers to offload a 2 per cent holding but remain largest shareholder

  © Reuters

South Africa's Naspers internet group said it will sell up to 2 per cent of Tencent, raising about $14.5bn and cutting its stake in China's most valuable company for just the second time in two decades.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more