Vodafone Sells out of Qatari Operations for 301 Million EurosSource: www.export-egypt.com 2/26/2018, Location: Middle East |
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Vodafone said 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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