During the year ended 31 March 2009, under an agreement with Mobitelea Ventures Limited, the Group completed the purchase of a 5% indirect equity stake in Safaricom increasing the Group’s effective interest in Safaricom to 40%
Monday, July 06, 2009
Farewell Mobitelea
Contained in the fine print of the Vodafone 2009 annual report, is a note:
During the year ended 31 March 2009, under an agreement with Mobitelea Ventures Limited, the Group completed the purchase of a 5% indirect equity stake in Safaricom increasing the Group’s effective interest in Safaricom to 40%
During the year ended 31 March 2009, under an agreement with Mobitelea Ventures Limited, the Group completed the purchase of a 5% indirect equity stake in Safaricom increasing the Group’s effective interest in Safaricom to 40%
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9 comments:
would really like to know how much Mobitelea raked from this 'agreement'.
Bankelele: Asante sana - the transaction is complete.
Good to know.
would that explain the sudden rally?
Explain Further
Surprise!
Great find Banks, thanks! You're better than our local press.
The transaction is worth 2.5 billion Kenyan Shillings.
kainvestor: i'm sure vodafone will disclose
PKW: it was best to end it really
odegle: no i'd say the fatigue of zain
chegepreneur: how much more?
MainaT: no Surprise
Rafiki: it's all in the fine print
inspectordanger: i'd say 1/2 that
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