Vodacom Group is planning to purchase a majority stake in Vodafone Egypt Telecommunications from the parent company Vodafone Group PLC for $2.74 billion. The company announced: "The proposed acquisition presents a unique opportunity to advance Vodacom Group's strategic connectivity and financial services ambitions in Africa by acquiring a controlling interest in Vodafone Egypt, one of Africa's premier telecom operators," With this deal, Vodafone Group won't be the direct owner of ...