Naspers Limited is trading 10.3% up today at ZAc 92,477 after EU regulators granted Prosus an extension to divest its Delivery Hero stake, easing near-term forced-sale risk.
- The regulatory extension provides breathing room for shareholders, significantly reducing the immediate pressure to sell the stake at potentially depressed market prices.
- The rally is notably company-specific rather than market-led, as the stock outperformed broader U.S. indices which remained flat during the same period.