Emirates Telecom buys 9.8% stake in Vodafone for $4.4 billion
Emirates Telecommunications Group Company PJSC “e&” (Etisalat Group) has acquired approximately 2,766 million shares in Vodafone Group Plc aggregating to $4.4 billion. The shares represent 9.8% of Vodafone’s issued share capital.
The transaction is in process with e&’s ambition to be a global player in telecom and technology. Vodafone Headquarters: Berkshire, United Kingdom; Chairman: Jean-Françols van Boxmeer.
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