Net1 caps investment in South Africa's Cell C at 15 percent stake

JOHANNESBURG, June 1 (Reuters) - Net1 UEPS Technologies will invest 2 billion rand ($153 million) for a 15 percent stake in debt-ridden South African mobile operator Cell C, scaling back its commitment in the original deal to take over the company.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News