mergence

“I wouldn’t want to see such huge amounts of money being paid,” said Peter Takaendesa, head of equities at Mergence Investment Managers in South Africa.

Mergence was among 36 fund managers from South Africa who wrote to Prosus’ management in June opposing the transaction.

Peter Takaendesa, head of equities at Mergence Investment Managers, which also holds Naspers and Prosus shares, said he favoured another buyback over acquisitions, given that, aside from Tencent and its online classifieds, Prosus’ other businesses are loss-making.

With her new LP "Sound the Bells: Recorded Live at Orchestra Hall," the indie singer teams up with the Grammy award-winning Minnesota Orchestra to produce an exquisite mergence of hip-hop artistry and classical music.

Shifting easily between her harp and a baby grand piano, Newsom revealed her skillful mergence of her unique brand of poetry with a master craftswoman’s gift for melody.