Vodafone to sell stake in Egyptian unit to Saudi Telecom for $2.4 billion
Vodafone to sell stake in Egyptian unit to Saudi Telecom for $2.4 billion 3Vodafone Group has struck a preliminary deal to sell its 55% stake in its Egyptian unit to Saudi Arabia’s largest telecoms operator STC for $2.4 billion, the companies said on Wednesday. The non-binding deal values Vodafone Egypt at $4.
News story posted on 2020-01-29T15:49:00.0000000Z