Iliad founder Niel purchases surprise Vodafone stake
Xavier Niel, the founder of Iliad, has acquired a 2.5% stake in Vodafone. The stake was purchased via Niel’s Atlas Investissement business, with the French billionaire saying that there are opportunities to improve profitability and accelerate “ the streamlining of Vodafone’s footprint and the separation of its infrastructure assets”. The announcement was described as ‘unexpected’ by […]
Iliad founder Niel purchases surprise Vodafone stake
Xavier Niel, the founder of Iliad, has acquired a 2.5% stake in Vodafone. The stake was purchased via Niel’s Atlas Investissement business, with the French billionaire saying that there are opportunities to improve profitability and accelerate “ the streamlining of Vodafone’s footprint and the separation of its infrastructure assets”. The announcement was described as ‘unexpected’ by […]