CEO gives wary investors reasons to believe Prosus is not about to squander its Tencent windfall
Bob van Dijk: Earned $16.6m in the past financial year. Picture: Bloomberg/Dwayne Senior
It is not uncommon for deep-pocketed, high-profile companies to use special purpose vehicles under a different name to pitch offers so that sellers would not use publicly available information about their M&A budget or balance sheet strength to demand higher prices. It is not the first time Bob van Dijk, the Dutchman at the helm of SA’s biggest company by market value, has given wary investors reasons to believe that Prosus is not about to squander the Tencent windfall even as he faces pressure to show that Prosus is more than its nearly $200bn stake in China’s internet titan.
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