MCGRAW-HILL <MHP> DIVESTS SOUTH AFRICAN UNIT
McGraw-Hill Inc said it has sold its
McGraw-Hill Book Co South Africa Pty Ltd subsidiary to a local
management group for an undisclosed amount of cash and halted
the sale of all products and services to South Africa.
    The company said the divestiture follows a resolution of
its board in February that cited increased political and social
unrest within South Africa and the refusal of the South African
government to abolish the apartheid system.
 Reuter
