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Naspers to spin off internet brands, list NewCo on Euronext Amsterdam

2019-03-25 09:53:00| Telecompaper Headlines

(Telecompaper) Naspers has announced its intention to list NewCo, a new global consumer internet group, on Euronext Amsterdam. NewCo will also have a secondary, inward listing on the Johannesburg Stock Exchange (JSE) in South Africa. The new group will bring together all of Naspers' internet interests outside of South Africa, including its companies and investments in the online classifieds, food delivery, payments, retail, travel, education, and social and internet platforms sectors, among others. Brands include Tencent, mail.ru, OLX, Avito, letgo, PayU, iFood, Swiggy, DeliveryHero, Udemy, eMAG and MakeMyTrip.

Tags: list internet brands amsterdam

Deezer registers for IPO on Euronext Paris

2015-09-22 08:26:00| Telecompaper Headlines

(Telecompaper) Streaming music service Deezer has registered with the French financial markets authority (AMF) to launch an IPO on Euronext Paris. At this early stage, the company did not indicate how many shares it plans to issue or at what price. CEO Hans-Holger Albrecht said of the move: "Our contemplated IPO represents a key step in the continued development of our business. It will help us expand our offering through innovative marketing campaigns, drive deeper distribution through our telecom and manufacturer partnerships, and further improve our product and content to deliver an even better service for our listeners." Deezer offers a catalogue of over 35 million tracks and 40,000 news and entertainment talk shows and podcasts in over 180 countries worldwide.

Tags: paris ipo registers euronext

UPDATE 1-EU court upholds blocking of Deutsche Boerse/NYSE Euronext merger

2015-03-10 05:46:34| Automakers - Topix.net

A European Union court upheld on Monday the European Commission's decision in 2012 to block a planned merger of Deutsche Boerse and NYSE Euronext. The Commission blocked the deal to create the world's biggest stock exchange because it said it would have created a "near monopoly" in European financial derivatives.

Tags: update court deutsche merger