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Telecom Egypt mulls acquisition of all Vodafone Egypt shares - report

Wednesday 16 September 2020 | 10:15 CET | News
Telecom Egypt is considering acquiring all the shares in Vodafone Egypt, Al-Borsa reported, citing sources close to the potential deal involving Saudi Telecom Company (STC) buying 55 percent of Vodafone's Egyptian unit. Telecom Egypt has reportedly commissioned Hermes and Citibank to study its investment opportunities in the deal, the seriousness of the acquisition, and using the right of preemption. 

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Categories: General
Companies: Saudi Telecom / Telecom Egypt / Vodafone / Vodafone Egypt
Countries: Egypt
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