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Ethos-led Consortium Takes 80% Stake in RTT Group

Ethos Private Equity said on Tuesday it has led a private equity consortium to acquire 80 percent stake in RTT group, a logistics company, for an undisclosed sum. The consortium members include African Development Partners II, a private equity fund advised by Development Partners International (DPI) and the Government Employees Pension Fund (GEPF), represented by the Public Investment Corporation (PIC).

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