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الشارقة 24
E&I Tasks sells its stake in Vodafone for $5.95 billion
Emirates Telecommunications Group "E&" announced the completion of its entire stake sale in Vodafone for a total value of $5.95 billion, after transferring 3,944,743,685 Vodafone shares to financial and funding agents. The deal generated total cash proceeds of AED 21.9 billion (approximately $5.95 billion), with a portion of the proceeds linked to Vodafone's final profits for the fiscal year 2026. This move reflects the group's strategy to focus on its core businesses and to realize returns from its investments.
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