Tencent’s headquarters in Shenzhen. Prosus says Citigroup, Goldman Sachs and Morgan Stanley have been appointed as joint book runners to manage the transaction. Photo: Bloomberg
Tencent’s headquarters in Shenzhen. Prosus says Citigroup, Goldman Sachs and Morgan Stanley have been appointed as joint book runners to manage the transaction. Photo: Bloomberg
Tencent

Tencent’s biggest shareholder Prosus plans to sell 2 per cent stake valued at US$15.5 billion as it cashes in on lucrative bet

  • The company will sell up to 191.89 million Tencent shares, reducing its stake to 28.9 per cent
  • Committed to not selling remaining stake in Tencent for at least the next three years, Prosus says

Tencent’s headquarters in Shenzhen. Prosus says Citigroup, Goldman Sachs and Morgan Stanley have been appointed as joint book runners to manage the transaction. Photo: Bloomberg
Tencent’s headquarters in Shenzhen. Prosus says Citigroup, Goldman Sachs and Morgan Stanley have been appointed as joint book runners to manage the transaction. Photo: Bloomberg
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