City Of London
Etisalat Weighs Investment in Vodafone’s African Business
- UAE firm weighs potential deals including buying Vodacom stake
- Etisalat keen to leverage position as biggest Vodafone holder
Etisalat is studying the feasibility of an offer for part or all of Vodacom Group.
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
Emirates Telecommunications Group Co. is exploring a potential investment in Vodafone Plc’s African business as it seeks to boost its international footprint, people familiar with the matter said.
The Abu Dhabi carrier is studying the feasibility of an offer for part or all of Vodafone’s stake in Johannesburg-listed Vodacom Group Ltd., the people said, asking not to be identified because the information is private.