Vodacom’s biggest shareholder sells tower business stake for R26 billion

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 16 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 67%

Margherita Della Valle أخبار

Vantage Towers,Vodafone,Telecoms

Vodafone Group sold a 10% stake worth €1.3 billion as the UK-based telecommunications firm seeks to reduce its debt.

Vodafone Group sold another 10% stake worth €1.3 billion in Vantage Towers, as the UK-based telecommunications firm seeks to reduce its debt.

Under the deal’s terms, Vodafone shifted its 81.7% holding in Vantage Towers into a joint venture with KKR and GIP, called Oak Holdings, and has been selling it down ever since. The sale means Vodafone now owns 50% of Oak Holdings, as originally envisioned by the consortium, the company said.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 11. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين