French billionaire becomes Vodafone’s largest shareholder with £4.4bn stake
by Mark Sweney from on (#76WY1)
Xavier Niel buys 16% through investment vehicle Vega after Emirati telecoms group sells shareholding
The French telecoms billionaire Xavier Niel has become Vodafone's largest shareholder after buying a 16% stake for 4.4bn.
On Friday, the Emirati telecoms group e&, which first took a stake worth 3.3bn in Vodafone in 2022, announced the sale of its entire shareholding for 112.5p a share.
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