Naspers says it expects to sell more than R32 billion worth of non core and underperforming assets over the next year, sharpening its focus on businesses that are growing fastest and closest to sustained profitability.
The plan, outlined by chief executive Fabricio Bloisi, marks a change in tone for the Cape Town based group and its Amsterdam listed arm, Prosus, after a period of high profile deal making and a busy run in venture investments, acquisitions and disposals.
Bloisi, who took the top job in mid 2024, has already stamped his name on three major purchases: a 1.7 billion deal for Despegar, the Latin American online travel company the 1.1 billion euro acquisition of French vehicle classifieds platform La Centrale and the 4.1 billion euro takeover of Just Eat Takeaway.com, one of Europes largest food delivery groups.
