February 26, 2018 / 1:02 PM / 9 months ago

Vodafone sells out of Qatari operations for 301 mln euros

LONDON, Feb 26 (Reuters) - Vodafone 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. (Reporting by Kate Holton, Editing by Paul Sandle)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below