Emirates Telecommunications Group Company PJSC (e&) completes the sale of its entire Vodafone Group PLC stake, generating cash proceeds of USD 5.95 billion, according to multiple releases. The process follows an earlier strategic review of e&’s international investment portfolio. On 10 July 2026, e& announces it has terminated its existing cooperation arrangement governing relations with Vodafone and enters into a binding agreement with Vega, an acquisition vehicle wholly owned by the Niel family group. The subsequent steps lead to completion of the transaction in mid-to-late July 2026, with e& confirming the deal is finalized. The outlets describe the agreement as covering the sale of e&’s full Vodafone holding and report that the consideration is paid in cash. The releases do not provide detailed information on the number of shares sold, the price per share, or additional transaction terms beyond the reported proceeds and the use of the acquisition vehicle. The company’s announcements consistently frame the transaction as part of portfolio restructuring and the end of its Vodafone-related arrangements.