e& announces $5.95 billion sale of Vodafone investment

Abu Dhabi – Following a comprehensive strategic review of its international investment portfolio, Emirates Telecommunications Group Company PJSC (“e&”) announced the termination of its Relationship Agreement with Vodafone Group PLC (Vodafone). In connection with this, e&’s Board representative has stepped down from his position as a non-executive Director of Vodafone. Following the termination of the Relationship Agreement, e& has signed a binding agreement with Vega, an acquisition vehicle whol