Vodafone teams up with KKR and GIP in €16bn towers deal

Vodafone teams up with KKR and GIP in €16bn towers deal

Vodafone has agreed to sell a chunk of it masts company Vantage Towers to Global Infrastructure Partners (GIP) and KKR, creating a joint venture that will release proceeds of at least 3.2bn euros to cut the telecoms operator’s debt. A consortium led by the two...