David Herro Comments on Prosus

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Oct 12, 2021
Summary
  • The stock is a new position.

We also received shares of Prosus (XAMS:PRX, Financial) (Netherlands) as part of a corporate action related to our holding of Naspers (South Africa). We elected to tender our Naspers shares in favor of Prosus given its better domicile and liquidity.

From David Herro (Trades, Portfolio)'s Oakmark International Fund third-quarter 2021 commentary.

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure