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Market Impact: 0.18

Vodafone, E& End Relationship Agreement

M&A & RestructuringCompany Fundamentals

Vodafone terminated the relationship agreement (dated 11 May 2023) between Vodafone and Emirates Telecommunications Group Company PJSC (e&). The news follows e& previously stating it agreed to dispose of its entire shareholding, implying a change in the parties’ prior commercial/strategic arrangement.

Analysis

Vodafone terminated the relationship agreement (dated 11 May 2023) between Vodafone and Emirates Telecommunications Group Company PJSC (e&). The news follows e& previously stating it agreed to dispose of its entire shareholding, implying a change in the parties’ prior commercial/strategic arrangement.

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Market Sentiment

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mildly negative

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VOD-0.35