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Wireless

Vodafone Group sells 5.2% stake in Vodacom for SA listing requirements

Wednesday 6 September 2017 | 10:04 CET | News
Vodafone Group announced that its wholly owned subsidiary Vodafone International plans to sell 90 million shares, or a 5.2 percent stake, in Vodacom Group at ZAR 165 per ordinary share, through an accelerated bookbuilding process, to ensure that Vodacom can meet requirements for its listing in South Africa. 

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Categories: Mobile & Wireless
Companies: Vodacom / Vodafone Group
Countries: Africa / South Africa
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