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Helios acquires 70% Telkom Kenya stake from Orange

The Orange Group has agreed to sell its 70% stake in Telkom Kenya to Africa-focused private equity firm Helios Investment Partners. Neither the value of the deal nor additional terms were disclosed. Kenya’s National Treasury retains the ownership balance of 30%. The deal, which has been speculated about, is subject to required regulatory approvals.

Read more at Business Daily Africa…

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