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BusinessUpdated 1 hr ago

French billionaire Xavier Niel gets CCI nod for 16.2% Vodafone stake: What is the €5.1 billion deal?

Image: Mint

The CCI has approved French billionaire Xavier Niel's €5.1 billion deal to acquire a 16.2% stake in Vodafone Group through his investment vehicle Vega SAS. The acquisition, from Emirates Telecommunications Group, will make Vega Vodafone's largest shareholder.

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