Corporate Financing Analysis - YuMobile Split-Up Deal Gets Regulatory Nod - 07 APR 2014
Corporate Financing week April 2014 / Kenya / Finance
Kenya's telecoms regulator, the Communications Commission of Kenya (CCK), has approved applications from Safaricom and Airtel to acquire the assets of distressed mobile operator YuMobile. This...
Corporate Financing Analysis - Kenya's National LTE Troubles Unlikely To Spread - 18 NOV 2013
Corporate Financing week November 2013 / Kenya / Finance
Safaricom announced that it intends to pull out of the joint venture (JV) between Kenya's government and telecoms operators to roll out a national 4G network and apply for a licence to build an...
Corporate Financing Analysis - CMC Deal Is Regional Springboard For Al Futtaim - 23 SEPT 2013
Corporate Financing week September 2013 / Kenya / Finance
Dubai-based conglomerate Al Futtaim Group has offered US$86mn to acquire Kenyan car retailer CMC Holdings, in what is likely to be the beginning of a regional expansion strategy for the group. CFW...
Corporate Financing Analysis - Dimension Data Bets Big On AccessKenya - 20 MAY 2013
Corporate Financing week May 2013 / Kenya / Finance
South Africa-based IT solutions company Dimension Data announced its bid for AccessKenya on May 6 2013. The transaction is still subject to shareholder acceptance and regulatory approval, but CFW...
Corporate Financing Analysis - Orange Beefs Up Kenyan Investment - 04 FEB 2013
Corporate Financing week January 2013 / Kenya / Finance
France Télécom has increased its direct ownership in mobile operator Orange Kenya. The move is part of an ongoing initiative for the French multinational to increase its exposure to...