Rostra buys Congo Management for up to USD 20 million
Rostra signed a deal to acquire 100% of Congo Management (COMAN) for up to USD 20 million, with closing immediately following signing. COMAN owns 15% of Sicohydro, the sole owner of the 240-MW Busanga hydropower plant in the Democratic Republic of Congo. USD 10 million is due at closing; another USD 10 million becomes