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NPSNY Naspers Ltd (PK)

40.15
0.00 (0.00%)
24 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Naspers Ltd (PK) USOTC:NPSNY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 40.15 40.01 40.69 8 14:28:19

Prosus Taps SoftBank's Ervin Tu as Investment Chief

23/06/2021 9:10am

Dow Jones News


Naspers (PK) (USOTC:NPSNY)
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By Adria Calatayud

 

Prosus NV said Wednesday that it has appointed SoftBank Group Corp.'s Ervin Tu to the newly-created role of chief of investments, strategy and mergers and acquisitions for Prosus and parent Naspers Ltd.

The Amsterdam-listed internet conglomerate, which holds a major stake in Chinese tech giant Tencent Holdings Ltd., said Mr. Tu was most recently a managing partner for the SoftBank Vision Fund and previously worked at Goldman Sachs Group Inc. He will start in the new role in August and will be based in San Francisco, Prosus said.

Prosus earlier this week said it had a promising M&A pipeline ahead, and that it saw investment opportunities across the food delivery, payments-and-fintech, classifieds and education-technology sectors.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

June 23, 2021 04:06 ET (08:06 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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