UAE’s Etisalat Pays $4.4 Billion for Nearly 10% of Vodafone

Etisalat offered about £130 ($159 dollars) a share, according to Bloomberg calculations. That’s a premium of about 10% to Vodafone’s £117.82 closing price Friday. The purchase makes Etisalat Vodafone’s largest shareholder, ahead of BlackRock Inc., the Vanguard Group Inc., and HSBC Holdings Plc, according to Bloomberg data.