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Myb News · Nov 1, 2026

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French billionaire Xavier Niel clears India approval for $5.8 billion Vodafone stake The Competition Commission of India approved Xavier Niel's purchase of a 16.2 percent holding in Vodafone Group Plc from e&. Niel is paying about £4.4 billion in cash, roughly $5.8 billion, through his vehicle Vega SAS. The transaction still needs remaining regulatory clearances across Europe and Africa before it can close. For the full story

*French billionaire Xavier Niel clears India approval for $5.8 billion Vodafone stake* The Competition Commission of India approved Xavier Niel's purchase of a 16.2 percent holding in Vodafone Group Plc from e&. Niel is paying about £4.4 billion in cash, roughly $5.8 billion, through his vehicle Vega SAS. The transaction still needs remaining regulatory clearances across Europe and Africa before it can close. *For the full story* https://mybnews.com/a/french-billionaire-xavier-niel-wins-india-approval-for-5-8-billion-vod

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