French tycoon Niel to become main Vodafone shareholder: statement
French tycoon Xavier Niel is to pay 5.1 billion euros ($5.8 billion) to become the main shareholder in British mobile phone giant Vodafone, his family-owned acquisition vehicle Vega said Friday.
Vega said Niel, owner of the Iliad group which operates the Free brand in France, Italy and Poland, is to buy a 16.2 percent stake in Vodafone Group from Emirates Telecommunications.
Latest stories
European Edition EU renews scramble for Russia sanctions deal
The EU pushed Wednesday to overcome an objection from Greece and agree a new round of sanctions on Russia, before a deadline that could weaken...
Sports 'Beautiful game' provides Venezuelans with welcome distraction in wake of tragedy
"Today more than ever, we remain united" reads the banner brandished by the players of Venezuelan club UCV prior to the first major sporting event hosted by the country since the twin earthquakes...
Society Hitler's Austrian birthplace transformed into police station
Austria opened a new police station in Adolf Hitler's former house on Wednesday, in the hope of deterring today's ascendant far-right extremists from making the pilgrimage...