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Naspers CEO sells nearly ZAR 1 bln worth of shares, to re-invest in bonds on open market

Thursday 16 January 2020 | 09:53 CET | News
Naspers CEO Bob van Dijk has received just under ZAR 1 billion from the sale of 414,932 shares in the group, Bloomberg reported, citing a regulatory filing. Van Dijk sold his shares at ZAR 2,400 each, giving a total of ZAR 995.84 million. Naspers said Van Dijk will reinvest most of the resulting funds back into the Naspers group in the form of bonds, which he will buy on the open market. 

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Categories: Internet
Companies: MultiChoice / Naspers / Tencent
Countries: Africa
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