Further to the announcement on 4 April 2011, and following clearance of the transaction by the relevant competition and regulatory authorities, Vodafone today announced the completion of the disposal of its entire 44% shareholding in SFR to Vivendi.
Vodafone has received a cash consideration of €7.75 billion (£6.8 billion2) from Vivendi and a final dividend from SFR of €200 million (£176 million). Vodafone and SFR have also entered into a Partner Market agreement which will maintain their commercial co-operation.
The £4 billion associated share buyback programme will commence shortly.