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Wireless

Vodafone to complete due diligence for 20% stake in Bee, Masary in 3 months - report

Tuesday 2 March 2021 | 09:35 CET | News
Vodafone Egypt will complete the due diligence on Bee and Masary within a maximum of three months, in preparation for it acquiring 20 percent of the two companies, the Daily News reported, citing a source close to the deal. Vodafone signed an MoU with Ebtikar Holding Company for Financial Investments, the owner of the two electronic payment companies. This paves the way for Vodafone Egypt to participate in the two e-payment platforms' capital subscription.

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Categories: Mobile & Wireless
Companies: Vodafone Egypt
Countries: Egypt
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