JOHANNESBURG – South African telecoms company MTN said on Tuesday it would sell its interest in investment fund Amadeus to private equity firm HarbourVest for around 1.2 billion rand ($83 million).
MTN said the sale, which also includes its associated holding in online travel booking website TravelStart, was part of a plan to realise 15 billion rand worth of capital over the next three years, simplify its portfolio and reduce risk.
($1 = 14.4600 rand)(Reuters)
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