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Vodacom to Acquire 20% Stake in Safaricom for $2.1B
ByAinvest
Thursday, Dec 4, 2025 1:44 am ET1min read
Vodacom has agreed to acquire a 15% stake in Safaricom PLC from the Kenyan government and an additional 5% from Vodafone for $2.1 billion. The deal values Safaricom at KES34 per share. The transaction is subject to regulatory approvals and is expected to strengthen Vodacom's presence in the African market.
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