Saturday, 27 February 2021

Saudi Telecom may reduce its $2.39bn bid for controlling stake of Vodafone Egypt

by Harry Baldock, Total Telecom
Tuesday 08 September 20

As the Memorandum of Understanding (MoU) deadline approaches, sources suggest that Saudi Telecom (STC) is looking to lower its initial bid for the Egyptian telco

Anonymous sources have reportedly revealed to Bloomberg that STC is looking to reduce its initial bid for a 55% stake in Vodafone Egypt, which was originally set at $2.39 billion.   STC and Vodafone Egypt first signed the MoU back in January…

Anonymous sources have reportedly revealed to Bloomberg that STC is looking to reduce its initial bid for a 55% stake in Vodafone Egypt, which was originally set at $2.39 billion.   STC and Vodafone Egypt first signed the MoU back in January…

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