(Reuters) - Naspers, Africa's biggest media firm, plans to halt its secondary listing on New York's Nasdaq index and list in London instead due to high costs and stringent regulation in the United States, it said on Thursday.
Naspers, which has its main listing in Johannesburg, said it expected to list in London in the third quarter of 2007. It will convert its American Depositary Receipts (ADRs) so holders can trade them over the counter.
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