Linklaters and Freshfields work to complete the sale of Vodafone Egypt to Saudi Arabian STC
The Covid-19 pandemic has seen negotiations extended by 90 days. At the beginning of January, a preliminary agreement set the value of the deal at $2.4bn.
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▪ Linklaters and Freshfields work to complete the sale of Vodafone Egypt to Saudi Arabian STC
▪ The Covid-19 pandemic has seen negotiations extended by 90 days. At the beginning of January, a preliminary agreement set the value of the deal at $2.4bn.
▪ https://www.africabusinessplus.com/en/804097/linklaters-et-freshfields-a-la-manoeuvre-pour-faire-aboutir-la-vente-de-vodafone-egypt-au-saoudien-stc/
According to Jeune Afrique Business+ sources, the London and Riyadh teams of law firm Linklaters are in the process of attempting to sell their client Vodafone Group’s 55% share in its Egyptian subsidiary to public operator Saudi Telecom Company (STC).
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