Monday 26 February 2018

Vodafone sells out of Qatari operations for EUR301mln | ZAWYA MENA Edition

Vodafone sells out of Qatari operations for EUR301mln | ZAWYA MENA Edition:

"Vodafone VOD.L said on Monday it had agreed to sell its 51 percent stake in its Qatari operations to its existing partner, the Qatar Foundation, for a total sum of 301 million euros.

The British company said its brand would remain in Qatar as part of the deal through a partner market agreement. The transaction values Vodafone Qatar at an enterprise value of 1.45 billion euros."



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