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via livemint.comCapital Markets

Xavier Niel gets CCI approval for 16.2% Vodafone stake worth €5.1 billion

FROM THE WIRE · LIVEMINT.COM

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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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralNiel becoming Vodafone's largest shareholder is a significant ownership change that can affect the group's shareholder structure.AI-generated summary

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