Positive
●
Invezz
●
3 months ago
Vodafone shares surged nearly 13% on Friday after UAE telecom operator e& agreed to sell its entire stake in the British telecom giant to Vega, an investment vehicle wholly owned by the family group of French billionaire Xavier Niel, in a transaction valued at nearly $6 billion. Under the binding agreement, Vega will acquire e&'s roughly 16.2% stake in Vodafone for about £4.4 billion ($5.91 bil...