Vodafone brings in another €500 million from Vantage

Vodafone will receive a further €500 million linked to the sale of its Vantage Towers business, it revealed this week.
The telecoms group brokered a multi-billion-euro co-control deal for the towers business late last year and has since de-listed the outfit from the Frankfurt stock exchange. Now it has completed another element of the deal that will see it reduce its own stake in Vantage in exchange for the aforementioned half a billion euros, bringing its total proceeds from the sale to &e