Xavier Niel returns to African telecoms with $5.1bn Vodafone deal
AI Summary
French billionaire Xavier Niel is set to become Vodafone’s largest shareholder through a $5.1 billion deal. This move provides him with significant exposure to Vodacom’s 237 million customers across eight African markets.
The French billionaire is set to become Vodafone’s largest shareholder, giving him exposure to Vodacom’s 237 million customers across eight African markets.