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INM set to sell South African business

Monday, February 18, 2013

WN.com - Africa News
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INM set to sell South African business
Feb 18th 2013, 11:24

Independent News & Media (INM) has agreed to sell its South African media business for 2bn rand (£146m) to a consortium led by Iqbal Survé, one of Nelson Mandela's former doctors. INM's chief shareholder, Denis O'Brien, has been eager to sell off the division, which includes the Johannesburg Star, Daily Voice, Cape...

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