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Wireless

Vodacom Group agrees ZAR 17.5 bln BEE ownership transaction

Monday 11 June 2018 | 10:17 CET | News
Vodacom Group, its existing BEE partners and a newly formed staff scheme have announced a broad-based BEE transaction of up to ZAR 17.5 billion that will see the BEE partners exchange their current shareholding in Vodacom South Africa (Vodacom SA) for a stake of between 5.8 percent and 6.25 percent of Vodacom Group, as enlarged by the transaction. 

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Categories: Mobile & Wireless
Companies: Vodacom South Africa
Countries: South Africa
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