UAE telecoms group e& exits Vodafone with a $5.95 billion stake sale to Vega, unlocking Dh21.8 billion in cash and ending its major UK investment.

Company says deal represents 13 per cent premium to Vodafone’s market price

French billionaire Xavier Niel will soon be Vodafone's largest shareholder. UAE's e& group is selling its entire stake for nearly six billion dollars. This acquisition makes Niel…