MTN Group acquires 100% of MTN Cyprus
Posted on: February 6, 2013
MTN Group announces that it has entered into an agreement for the acquisition of 50% equity interest in MTN Cyprus from its local partner, Amaracos Holdings, a company representing the interests of the Shacolas Group and the Panos Germanos Group in MTN Cyprus. At the conclusion of this transaction, MTN Group will own 100% of MTN Cyprus.