NPN X PRX: Discounts Continue to Come Under Pressure
The discounts continue to come under pressure after a salient narrowing from mid-February through to mid-March. Naspers has underperformed Prosus...
413 Views
ARM Holdings IPO Lock-Up Expiry - A US$127bn Lockup Release Might Be Too Tempting to Pass On
Softbank raised around US$4.9bn via selling some of its stake in ARM Holdings (ARM US)’ US IPO. Its remaining 90% stake will be released from its...
1.2k Views
NPN X PRX Discount Update Discounts Widen to Pare Back Strong YTD Gains
During the last 3 weeks, Naspers and Prosus have come under pressure relative to their underlying portfolios. Since reaching a new all-time low on...
353 Views
JSE Mar '24 Rebalance: No T40 or T40 SWIX Changes Expected
Last night the price snapshot was taken for the March 2024 rebalance. We do not expect there to be any changes to the Top 40, Top 40 SWIX, FINI,...
202 Views
Naspers (NPN) X Prosus (PRX) Pairs Trade Opportunity as Naspers Comes Under Pressure
Naspers has underperformed Prosus since the start of the year, presenting an opportunity to put on a pairs trade. We expect a structural shift in...
226 Views