Friday, 25 May 2018

Vodafone ups Vodacom stake with €2.4bn Safaricom transfer

By Nick Wood, Total Telecom
Monday 15 May 17

Transaction designed to simplify management of its sub-Saharan Africa businesses.

Vodafone on Monday transferred a 35% indirect stake in its Kenyan arm Safaricom to its Vodacom unit, upping its stake in the South African operator to 70% from 65%. Under the transaction…

Vodafone on Monday transferred a 35% indirect stake in its Kenyan arm Safaricom to its Vodacom unit, upping its stake in the South African operator to 70% from 65%. Under the transaction…

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