September 17, 2018 / 2:09 PM / 3 months ago

South Africa's Naspers plans to spin off, list pay-TV unit

JOHANNESBURG, Sept 14 (Reuters) - South African media and e-commerce giant Naspers plans to spin-off and separately list its pay-TV unit, it said on Monday.

“This marks a significant step for the Naspers Group as it continues its evolution into a global consumer internet company,” the company said in a statement. (Reporting by Tiisetso Motsoeneng Editing by James Macharia)

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