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AES to Sell Cameroon Businesses to ACTIS

The AES Corporation (NYSE:AES) announced that it has signed agreements to sell its electric generation and distribution businesses in Cameroon to Actis, a global pan-emerging market investor, for $220 million of net equity proceeds.AES Société Nationale d’Electricité (AES-SONEL), an affiliate of AES, entered the Sub-Saharan country of Cameroon in 2001…

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