{"id":1020025,"date":"2026-07-10T16:15:22","date_gmt":"2026-07-10T10:45:22","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1020025"},"modified":"2026-07-10T17:55:39","modified_gmt":"2026-07-10T12:25:39","slug":"uaes-e-to-sell-entire-vodafone-stake-to-french-telecoms-tycoon-for-nearly-6-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/10\/uaes-e-to-sell-entire-vodafone-stake-to-french-telecoms-tycoon-for-nearly-6-billion\/","title":{"rendered":"UAE&#8217;s E&#038; to sell entire Vodafone stake to French telecoms tycoon for nearly $6 billion"},"content":{"rendered":"<p>UAE telecoms operator E&#038; Group said on Friday it would \u200csell its \u2060entire \u2060stake in Vodafone to a company owned by the family group of French telecoms tycoon Xavier Niel for $5.95 billion.<\/p>\n<p>E&#038; will divest \u2060its entire \u200cholding of 16.21% stake in Vodafone \u2060for 112.5 pence per share, it said.<\/p>\n<p>Vodafone&#8217;s shares last closed at 97.76 pence.<\/p>\n<p>E&#038; said it would no longer exert control or influence Vodafone&#8217;s \u200cboard or management team, adding that its board representative had \u2060stepped down as a non-executive director of Vodafone. <\/p>\n<p>The transaction will result in net cash return of about $1.3 billion, E&#038; said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UAE telecoms operator E&#038; Group said on Friday it would \u200csell its \u2060entire \u2060stake in Vodafone to a company owned by the family group of French telecoms tycoon Xavier Niel for $5.95 billion. E&#038; will divest \u2060its entire \u200cholding of 16.21% stake in Vodafone \u2060for 112.5 pence per share, it said. Vodafone&#8217;s shares last closed at 97.76 pence. E&#038; said it would no longer exert control or influence Vodafone&#8217;s \u200cboard or management team, adding that its board representative had \u2060stepped down as a non-executive director of Vodafone. The transaction will result in net cash return of about $1.3 billion, E&#038; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-1020025","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1020025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1020025"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1020025\/revisions"}],"predecessor-version":[{"id":1020037,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1020025\/revisions\/1020037"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1020025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1020025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1020025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}