French billionaire becomes Vodafone’s largest shareholder with £4.4bn stake
French billionaire Xavier Niel became Vodafone's largest shareholder by acquiring a 16% stake for £4.4 billion on Friday. Niel's investment vehicle Vega purchased the shares at a 15% premium, following the Emirati group e&'s exit from Vodafone. Vodafone shares surged 12% after the announcement, signaling investor optimism about its future growth prospects.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 10 Jul 2026, 11:05 UTC · Updated 10 Jul 2026, 11:30 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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