TMG acquires 32.26% stake in Ghana's Multimedia Group

A report on Ventures Africa states that Times Media Group (TMG) has acquired a 32.26 % stake in Ghana's Multimedia Group for $14.6m.

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Ventures Africa: TMG Acquires Stake In Ghana's Multimedia For $14.6m... According to the report, this is the "continuation of TMG's strategy to invest in quality media firms in the African continent." Moreover, this investment in Ghana will serve as a launch pad for the media company into the West African region.