CAIRO, Feb 24 (Reuters) - Vodafone Egypt plans to
complete the acquisition of 20% stakes in two digital payment
companies, Bee and Masary, within a maximum of three months, an
official at the company said on Wednesday.
The company has signed a memorandum of understanding (MoU)
with Ebtikar, which owns the two firms, to buy the stakes, it
said in a statement on Tuesday.
Ebtikar is a subsidiary of Egypt’s MM Group.
(Reporting by Ehab Farouk; Writing by Mahmoud Mourad; Editing
by Louise Heavens)