Kenyan telecoms company strikes deal with Airtel to buy Essar’s local business.
- African telecoms tower operator wants acquisition funds for new and existing markets.
- Standard Bank and Standard Chartered are mandated to arrange the deals.
- Move comes shortly after the acquisition of 3,100 towers from India’s Bharti Airtel and the raising of US$630mn in equity.
The winning deals and houses in our annual capital-markets awards.