e& completes sale of Vodafone stake for USD 5.95 billion

Emirates Telecommunications Group (e&) has successfully completed the sale of its entire stake in Vodafone to Vega, an acquisition company owned by the Niel family group. The transaction generated total proceeds of AED 21.9 billion (USD 5.95 billion), with e& realizing a net cash inflow of USD 1.3 billion.

By e& · PR Newswire · July 19, 2026, 18:38 UTC

Topics: equity transfer M&A strategic divestment telecoms

Read the full article at PR Newswire

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