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 the biggest investor in Britain's largest mobile operator. Vodafone has recently undergone significant restructuring and exited two markets. The company welcomes Niel as a supportive and long-term shareholder.

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