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French telecoms tycoon Niel snaps up £4.4bn stake in Vodafone

By Abigail Townsend

Date: Friday 10 Jul 2026

(Sharecast News) - French billionaire Xavier Niel has agreed to acquire Emirates Telecommunications Group's entire stake in Vodafone for £4.4bn, it was announced on Friday, sending shares in the UK firm soaring.
Under the terms of the deal, E&'s 16.21% holding has been priced at 112.5p per share, a 15% premium...

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