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MTN Said to Weigh Selling $500 Million in Shares of Ghana Unit
ACCRA, Capital Markets in Africa: MTN Group Ltd., Africa’s largest mobile-phone operator by sales, is considering selling about $500 million in shares of its Ghana business, according to people familiar with the matter. The company is approaching high-net-worth individuals in the country about a private placement of a 35 percent stake in the Ghana unit, valuing it at about $1.5 billion, the people said, asking not to be identified because the deliberations are private. No…
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