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Orange to sell 70% stake in Telkom Kenya to Helios

Orange to sell 70% stake in Telkom Kenya to Helios

Orange confirmed an agreement to sell its 70 per cent stake in Telkom Kenya to Helios Investment Partners for an undisclosed sum.

A man walks past the Orange shop on Koinange Street in Nairobi. Credit: businessdailyafrica.com

Private equity firm Helios launches bid for France Telecom stake in Telkom Kenya (Orange Kenya)

Helios Investment Partners is the latest suitor said to be gunning for some or all of the 70 per cent stake in Telkom Kenya owned by France Telecom.