Orange acquires 16% of its Malagasy subsidiary held by Kibo, Terra Mauricia and Thierry Lagesse
These minority shareholders of Orange Madagascar, the Red Island mobile leader, acquired a stake in 2010. The French group now controls nearly 88% of its subsidiary.
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▪ Orange acquires 16% of its Malagasy subsidiary held by Kibo, Terra Mauricia and Thierry Lagesse
▪ These minority shareholders of Orange Madagascar, the Red Island mobile leader, acquired a stake in 2010. The French group now controls nearly 88% of its subsidiary.
▪ https://www.africabusinessplus.com/en/806859/terra-mauricia-and-thierry-lagesse-leave-orange-madagascar/
The Kibo Capital Partners fund, the diversified c sold their 16% stake in Orange Madagascar to the Orange group in January 2021, according to Jeune Afrique Business+ sources.
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