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Safaricom’s largest shareholder to sell stake at Sh. 266 billion

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Safaricom’s largest shareholder, Vodafone, is set to sell 35 per cent of its stake for Sh. 266 billion. The company, which owns a 40 per cent stake in Safaricom, will sell the stake to its South African subsidiary Vodacom. It will retain a 5 per cent stake only. However, the deal will see the firm raise its stake […]

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