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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

French billionaire becomes Vodafone’s largest shareholder with £4.4bn stake

Xavier Niel Vodafone VEGA Delphine Arnault
The French telecoms mogul Xavier Niel and his partner, Delphine Arnault, arrive at a state dinner upon the visit of the United Arab Emirates president at the Grand Trianon estate near the Palace of Versailles, in 2022.
The French telecoms mogul Xavier Niel and his partner, Delphine Arnault. Photograph: Ludovic Marin/AFP/Getty Images

The French telecoms billionaire Xavier Niel has become Vodafone’s largest shareholder after buying a 16% stake for £4.4bn.

On Friday, the Emirati telecoms group e&, which first took a stake worth £3.3bn in Vodafone in 2022, announced the sale of its entire shareholding for 112.5p a share.

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