Safaricom PLC has announced a major restructuring of its shareholding structure following a proposed acquisition by Vodafone Kenya Limited. The move involves Vodafone Kenya acquiring 35% of Safaricom’s issued share capital from the Government of the Republic of Kenya, a transaction valued at KES 254.1 billion (approx. USD 1.65 billion). This acquisition will increase Vodafone … Continue reading Safaricom PLC Shareholding Restructure: Vodafone Kenya to Acquire 35% Government Stake