Etisalat buys 10pc stake in Vodafone...

Saturday, 14 May 2022, 12:02 pm

There is some big stakebuilding news breaking this morning.

Etisalat, the United Arab Emirates-based telecoms operator, has just revealed it has bought a near 10pc stake in FTSE 100-listed giant Vodafone for $4.4 billion.

The swoop makes Etisalat Vodafone's largest shareholder but the company says it won't make a bid for the company (usual caveats apply one assumes)...

Register

Register for free to see rest of this article and all public articles from Betaville

Login / Register

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation