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e& Sells $5.95 Billion Vodafone Stake After Strategic Portfolio Review

UAE-based e& has agreed to sell its entire 16.21% stake in Vodafone Group for approximately $5.95 billion, concluding its strategic investment after a portfolio review. The transaction is expected to generate AED21.8 billion in cash proceeds, strengthening the company's financial position and supporting future investments in digital technology and global growth initiatives.

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