Qatar Investment Authority (QIA) is close to acquiring a 25-30% stake in Vodafone Egypt, through Doha-based telecom company Ooredoo, Al Mal reported on June 7th, citing unnamed sources familiar with the matter.
In January, Vodacom Group acquired an additional stake of 0.02%, equivalent to 49,493 shares, in Vodafone Egypt from minority shareholders for €17.92 per share.
In December 2022, Vodafone Group concluded the transfer of its 55% shareholding in Vodafone Egypt to its South African subsidiary Vodacom Group.
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