Steven Nathan dissects Naspers/Prosus acquisition of BillDesk for R70bn

As is customary for a Tuesday, 10X Investments founder Steven Nathan talks all things company related on a busy day for JSE-listed counters. Heavyweights Naspers and Prosus announced the acquisition of Indian payments Gateway firm BillDesk for R70bn. To put the acquisition into perspective, a company of that size would waltz into the JSE Top40. Bob Van Dijk and the rest of his management team have been on a spending spree, although due to the sheer size of Tencent, the investments seem to get lost within the stable. Other talking points include results from a variety of JSE companies, namely - Harmony Gold, ADvTECH and Old Mutual. Learn more about your ad choices. Visit megaphone.fm/adchoices