Times Media Group has continued offloading assets it deems noncore, reaching an agreement to sell Exclusive Books and Van Schaik Bookstores to a consortium led by Medu Capital for a deal worth R435m. Both companies were identified
Times Media Group (formerly Avusa) has acquired a 32,3% stake in Ghana’s Multimedia Group for R144m. Multimedia Group is a radio and television business and is the largest independent media company in Ghana, the JSE-listed Times Media, which owns the Sunday Times and Business Day newspapers
