Vodafone (VOD) stock rallied more than 12% on Friday, becoming the top performer on the FTSE 100 Index (XU26). The catalyst was the announcement that UAE telecommunications group e& had agreed to sell its entire 16.2% stake in Vodafone to Vega, in a transaction valued at about $5.95 billion.
Vega is an investment vehicle wholly owned by the family of French billionaire Xavier Niel. Year-to-date, Vodafone is now up more than 10%.
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Vega is an investment vehicle wholly owned by the family of French billionaire Xavier Niel. Year-to-date, Vodafone is now up more than 10%.
SK Hynix Debuts on the Nasdaq Today. Waiting to Buy SKHY Stock May Be the Better Bet.
Apple vs. Nvidia: One Is Growing 10x Faster and Trades Cheaper. The Better AI Dividend Stock Is Clear.
Alibaba Stock Rebounds From 2026 Lows. Here's Why BABA Can Rise Further.
4 months ago
