Sale of Stake in Moov Togo

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Cauris Sells Its Stake in Atlantique Telecom Togo (Moov Togo)

The Cauris Croissance Fund has sold its entire stake in Atlantique Telecom Togo, which operates under the trade name Moov Togo, Togo’s second-largest mobile operator. The investment was made in 2007, in partnership with other investment funds, following the investment program initiated by the company in 2006. The sale was valued at approximately two (2) times the fund’s initial investment.

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