BusinessPhoto: NDTV BusinessCCI Approves Xavier Niel's 16.2% Stake Acquisition in Vodafone Group
The Competition Commission of India (CCI) has approved French billionaire Xavier Niel's proposal to acquire a 16.2% stake in Vodafone Group Plc. Niel is acquiring the shares through his family investment vehicle Vega SAS, a subsidiary of Maya SAS. Vodafone Group operates in Europe and Africa, with Vodafone Idea Ltd providing services in India. The deal was announced after an agreement with Emirates Telecommunications Group.
NDTV Business·



