IN BRIEF: Vodafone completes deal to take control of Safaricom

Related news

Vodafone Group PLC -Berkshire, England-based telecommunications provider - Subsidiary Vodacom Group Ltd completes the acquisition of an effective 20% stake in Safaricom PLC, increasing its holding to 55%, following the announcement in December. Vodacom acquired a 15% stake from the government of Kenya for KES204 billion, equivalent to EUR1.36 billion, and a further 5% from Vodafone for KES68 billion, or EUR450 million. Following completion, Safaricom will be fully consolidated by both Vodacom and Vodafone, giving them controlling ownership of the Nairobi-based telecommunications and financial services company.

Vodafone stock price: 102.64 pence, down 0.8% on Tuesday in London

12-month change: up 32%

Vodacom stock price: ZAR150.36, up 0.3% on Tuesday in Johannesburg

12-month change: up 10%

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Bids, mergers and takeovers

Ways to help you invest your money

Our investment accounts

Put your money to work with our range of investment accounts. Choose from ISAs, pensions, and more.

Need some investment ideas?

Let us give you a hand choosing investments. From managed funds to favourite picks, we’re here to help.

Read our expert tips and insights

Our investment experts share their knowledge on how to keep your money working hard across the markets.