OXG secures new shareholder and funding

Summary by AI BETAClose X

Vodafone Group Plc has announced that Societe Generale S.A. has acquired a 50% shareholding in its German fibre joint venture, OXG Glasfaser Beteiligungs-GmbH, from Geodesia Holding S.à r.l. This transaction secures a committed funding partner for OXG, enabling the continued expansion of its fibre network in Germany while allowing Vodafone to maintain strategic flexibility.

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