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

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© Reuters. FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid

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LONDON (Reuters) – Vodafone (NASDAQ:) will sell a portion of its majority stake in wireless towers unit Vantage to a group of long-term investors led by GIP and KKR, 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.

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