e& buys $4.4bn stake in Vodafone

Today, e&, formally Etisalat, has announced it has invested $4.4 billion into Vodafone, taking a 9.8% stake in the business. 
Etisalat rebranded as e& back in February, splitting its operations into various arms, including e& Life (consumer services), e& Enterprise (enterprise services), and e& Capital (investment). At the time, the company said the move would allow the company increased agility to capitalise on emerging opportunities and allow it to expand into new markets more quickly…

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