Vodafone Group is trading at £110.65, up 13.2% today, following the announcement that UAE telecoms operator E& Group will sell its entire 16.21% stake in Vodafone for $5.95 billion to a company owned by French telecoms tycoon Xavier Niel.
- The sale, priced at 112.5 pence per share, represents a 15% premium to Vodafone's last closing price of 97.76 pence.
- This major corporate announcement, made on July 10, 2026, provides a clear catalyst for the significant price jump.