No Deal: Kenyan Court Cancels Vodacom’s $2.1bn Takeover Of Safaricom

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By Spy Uganda Kenya’s High Court has declared the government’s sale of a 15 per cent stake in Safaricom PLC to Vodacom Group unconstitutional, invalid and null and void, ordering that the shares be restored to the Government of Kenya on behalf of the public. A three-judge bench of the High Court’s Constitutional and Human…