Prosus to raise $2 bn by selling stakes

Technology investor Prosus NV plans to raise $2 billion through asset sales as part of chief executive officer Fabricio Bloisi's strategy to streamline the company around key brands.

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The Euronext-listed company has already raised $780 million from selling various holdings in the past four months, setting $2 billion as a near-term target, Bloisi said at its annual general meeting on Wednesday. It has been selling down a mix of listed equities, and