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Orange completes exit from Telkom Kenya, gov’t still plans to boost stake

Connectivity BusinessbyConnectivity Business
June 10, 2016
in Government and Legal, Investments, Space Services
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Orange has completed the sale of its 70% stake in Telkom Kenya to Helios Investment Partners for an undisclosed sum, 14 months after declaring it had “lost control” of the asset. The French incumbent, advised by Lazard on the transaction, announced the completion in a brief statement today, noting that it had been approved by relevant authorities. Orange (EPA:ORA) […]

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Tags: AfricaHelios Investment PartnersOrangePremiumTelkom KenyaTF246
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