We are pleased to announce that Dreny & Partners has advised Vodacom on its acquisition of 55% stake in Vodafone Egypt valued at Euro 2.5 billion. An acquisition that is considered to be the largest in the history of the Egyptian M&A market.
Managing Partner Motaz El Dreny commented: “We are extremely delighted to have closed such a ground-breaking transaction, being it one of the largest acquisitions in Egypt till moment; cementing our position as one of the leading law firms in the region.”
Dreny added: “I would like to thank the D&P team for their resilient hard work & constant dedication, and congratulate Vodacom & Vodafone Egypt for such a successful closing.”
The D&P team was led by Managing Partner Motaz El-Dreny & Partner Imane Raouf.