The News Craving
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Reuters UK
Reuters UK
LONDON (Reuters) -Shares in Vodafone jumped 4% in early trade on Monday after the United Arab Emirates-based telecoms company e& revealed it had bought a 9.8% stake in the British mobile operator. Formerly known as Emirates Telecommunications Group, e& said it had no intention of making an offer for the whole of Vodafone and it had spent $4.4 billion to invest at an “attractive valuation” to benefit from a diversification in currencies. The company said it was fully supportive of Vodafone’s board, which has come under pressure from other investors after the group struggled in its mature Europe…