French telecoms tycoon Niel buys 2.5% stake in Vodafone

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The vehicle – Atlas (NYSE:ATCO) Investissement – said Vodafone was an “attractive investment opportunity, as per the quality of its assets portfolio and the solid underlying trends in the global telecommunications sector”.

It said it was supportive of Vodafone’s publicly-stated intention to pursue consolidation opportunities, as well as its efforts in infrastructure separation.

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