May 26, 2022

Politics and Commentary News Aggregator

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

1 min read

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. 

Anthony Di Paola
2022-05-14 06:23:10

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