JSE-listed media company Tiso Blackstar Group revealed to shareholders that it will wipe R414.9m in liabilities off its books when it concludes its deal to sell its SA and Africa media assets to Lebashe Investment Group for R1.05bn.

Tiso Blackstar Group, the publisher of Business Day, the Sunday Times, Sowetan and other titles, announced in June that it had agreed to sell its print, broadcasting and content businesses in SA, Ghana and Kenya to Lebashe Investment Group. 

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