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Tracker

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from Vodafone Media

Tracker

Completion of transfer of 35% interest in Safaricom to Vodacom

Via Vodafone Media

Aug 7, 2017

Further to the announcement of 15 May 2017, Vodafone Group Plc (“Vodafone Group”) announces today that its wholly-owned subsidiary, Vodafone International Holdings B.V. (“Vodafone”), has completed the transfer of a 35% indirect shareholding in Safaricom Limited (“Safaricom”) to Vodacom Group Limited (“Vodacom”), its sub-Saharan African subsidiary.

Vodafone has been issued with 233.5 million new shares in Vodacom, increasing Vodafone Group's shareholding in Vodacom from 65.0% to 69.7%. Vodafone retains an indirect stake of 5% in Safaricom.

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  • Middle East & Africa,
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This content extract was originally sourced from an external website (Vodafone Media) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

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