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Kenya to appeal court ruling canceling Safaricom sale to Vodacom

Kenya’s Finance Minister John Mbadi said the government will appeal a court ruling that ordered the cancellation of a deal to sell an additional 15% stake in Safaricom to Vodacom.

SCOMVOD

Kenya's government will appeal a court ruling that ordered the cancellation of a deal in which it sold an extra 15% stake in telecoms firm Safaricom NSEKE:SCOM to South Africa's Vodacom JSE:VOD, Finance Minister John Mbadi said on Wednesday.