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Tiso Blackstar to hone media sector focus

Tiso Blackstar, the investment company that emerged from the merger of Blackstar plc and Tiso Investment Holdings in 2015, looks set to hone its focus on the media sector and start divesting itself of non-media assets in a range of sectors including the financial services, healthcare and industrial sectors. Timing of exits will be determined by market conditions and the firm’s ability to price the assets to maximize shareholder value. Business Day reports that the move will allow Tiso Blackstar to build value via a concentrated approach and minimize the dilutory valuation effect of a multi-sector investment platform.

Read more at Business Day…

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