Mauritius to sell 25 percent stake in BRITAM

76 views · Published 9 October 2015 · 2:04 · Indexed 12 November 2026

Channel: KBC Channel 1 · 2015 · News & Politics

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Mauritius has requested a South African bank to assist in finding a buyer for a 25 percent stake in BRITAM which had been seized from a dishonored tycoon. Mauritius Finance Minister Seetanah Lutchmeenaraidoo confirmed to Reuters that alternatively the stake could be bought by a Mauritian sovereign fund due to be set up next month if the right price could not be secured.
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