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Vodafone: Xavier Niel takes 2.5% stake

(CercleFinance.com) - Atlas Investissement, an investment vehicle owned by Xavier Niel, announced on Wednesday that it had taken a stake of around 2.
5% in the British mobile operator Vodafone.

Atlas Investissement says that it considers Vodafone an attractive investment opportunity given the quality of its portfolio of assets and the attractiveness of the telecoms sector.

The French billionaire's personal holding company says it supports the group's strategy of seizing potential consolidation opportunities in certain markets and divesting its infrastructure business in parallel.



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