Vodafone Group due diligence completed on Vodafone Egypt sale

Vodafone Group

Vodafone Group plc (LON:VOD) has announced that due diligence has been substantively completed with respect to the potential sale of its 55% stake in Vodafone Egypt to Saudi Telecom Company. Despite the expiry of the Memorandum of Understanding, Vodafone remains in discussion with stc to finalise the transaction in the near future.

Vodafone Group now looks to stc and Telecom Egypt to find a suitable agreement to enable the transaction to close.

You might also enjoy reading  Vodafone Group Plc - Consensus Indicates Potential 66.0% Upside

Good news travels fast (but only if you make that happen):

Share on twitter
Share on linkedin
Share on facebook
Share on email
Share on reddit

AIM All Share Index