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Prosus Launches Brazilian Depositary Receipts Programme

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Prosus Launches Brazilian Depositary Receipts Programme

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Prosus ( (NL:PRX) ) just unveiled an announcement.

Prosus has launched its Brazilian Depositary Receipts (BDR) programme on the B3 in Brazil, managed by Itaú Unibanco S.A. This strategic move aims to expand Prosus’ global visibility and diversify its shareholder base, with a focus on the Brazilian market. The programme will provide Brazilian investors with access to Prosus shares, enhancing engagement with local investors and establishing a foundation for long-term growth and collaboration.

More about Prosus

Prosus is a global technology company focused on unlocking an AI-first world for its 2 billion customers. With investments in over 100 companies worldwide, it builds local ecommerce champions in growth markets. Prosus holds leading positions in food delivery, classifieds, and fintech, and fosters innovation and growth through its unique technology ecosystem. The company invests in technology growth opportunities across various sectors, including AI, social and ecommerce platforms, fintech, and more.

For a thorough assessment of PRX stock, go to TipRanks’ Stock Analysis page.

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