5 Dec
News > Private Equity > Deals
Vodacom Acquires 15% Stake in Safaricom, Government of Kenya Partially Divests
Vodacom Group, a pan-African telecommunications group, has entered into an agreement with the Government of Kenya to acquire 15% of Safaricom and an additional 5% from Vodafone at KES34 per share, valuing the deal at $2.1 billion (R36 billion).
