Naspers Ltd (FRA:NNWN)

€ 42.6 0 (0%) Market Cap: 37.90 Bil Enterprise Value: 61.71 Bil PE Ratio: 13.16 PB Ratio: 2.08 GF Score: 84/100

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Ctrip.Com International Ltd Announces Share Exchange Transaction with Naspers Ltd - M&A Call Transcript

Apr 26, 2019 / 12:00PM GMT

Release Date Price: €45.6 (+0.88%)

Transcript

Operator

Ladies and gentlemen, welcome to Ctrip.com International, Ltd. conference call on share exchange transaction with Naspers. My name is Arlen. I will be the moderator for today. (Operator Instructions) As a reminder, this conference is being recorded for replay purposes.

Now I will hand the call to Senior IR Director, Michelle Qi. Please begin.

Michelle Qi

Ctrip.com International, Ltd. - Senior IR Director

Thank you, Arlen. Thank you all. Good morning, and welcome to Ctrip's conference call to discuss the share exchange transaction with Naspers Limited, that the company announced earlier this morning. Joining me today on the call we have Ms. Jane Sun, Chief Executive Officer; and Ms. Cindy Wang, Chief Financial Officer. During this call, Jane will begin with a review of today's announcement and the deal rationale. And Cindy will give some color about the financial indications regarding this transaction. After the prepared remarks, we will have a Q&A session. You can find today's press release on our IR website at ir.ctrip.com.

The

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