UAE firm to Acquire Majority Stake in Telkom Kenya as Nationalization Deal with Helios Is Revoked
The Infrastructure Corporation of Africa LLC (ICA), based in the United Arab Emirates, is set to acquire a 60% stake in Telkom Kenya from the London-based private equity firm Helios. This transaction follows a competitive process and was confirmed by Kenya’s finance ministry. In a significant development, the Kenyan cabinet recently revoked a previous administration’s … Continue reading UAE firm to Acquire Majority Stake in Telkom Kenya as Nationalization Deal with Helios Is Revoked
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