Vodafone to sell slice of Vantage Towers to KKR, other investors

Vodafone (VOD.L) will sell a portion of its majority stake in wireless towers unit Vantage (VTWRn.DE) to a group of long-term investors led by GIP and KKR (KKR.N), the British telecoms group said on Wednesday.

Vodafone and the consortium of investors will hold its 81.7% stake in Vantage through a joint venture.

Austin Collins

Austin Collins is our Europe, Asia, & Middle East Correspondent. He covers news related to Stock Market. In past he has worked for many prestigious news & media organizations. He is based in Dubai