Vodafone: Is a European billionaire becoming a new power factor at Vodafone?
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Emirates Telecom sells its 16.21% stake in Vodafone for nearly $6 billion to Xavier Niel's investment vehicle Vega. The purchase price of 112.5 pence per share represents a premium of 13%, which significantly drove up Vodafone's stock price following the announcement. Vodafone welcomes the European investor as a long-term partner, whose industry experience is expected to shape its strategic positioning in Europe moving forward. New major shareholder reshapes the ownership structure On July 10, 2026, Emirates Telecom announced the sale...
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