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‘STC’s Vodafone Egypt Acquisition Credit Negative If Debt-Funded’

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A Moody’s report has said that Saudi Telecom Company’s (STC) acquisition of Vodafone Egypt would be credit negative if the transaction is fully debt-funded,...
Saudi Telecom to Buy Vodafone Egypt Stake for $2.39 Billion

Saudi Telecom to Buy Vodafone Egypt Stake for $2.39 Billion

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(Bloomberg) -- Saudi Telecom Co. agreed to pay $2.39 billion for Vodafone Group Plc’s Egyptian business as part of expansion outside its home market. The cash...