Vodacom Raises Safaricom Stake to 55% After $1.8 Bln Acquisition
Vodacom Group Ltd has completed the acquisition of an additional 20 percent stake in Safaricom Plc, increasing its ownership in Kenya’s largest telecommunications operator to 55 percent and securing majority control of one of Africa’s leading telecoms and financial services companies. The South African telecoms group acquired a 15 percent stake from the...