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Wireless

MTN sells Amadeus, Travelstart investments for ZAR 1.2 billion

Tuesday 28 May 2019 | 11:02 CET | News
MTN Group has agreed to sell all of its interests in investment fund Amadeus and its associated holding in Travelstart to HarbourVest, a global private equity firm, for net proceeds of approximately ZAR 1.2 billion. The deal is part of its asset rationalisation strategy and was announced at the operator's capital markets day.

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Categories: Mobile & Wireless
Companies: MTN
Countries: World
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