Orange Confirms Price for Orange Belgium Bid
13 Abril 2021 - 2:21AM
Noticias Dow Jones
By Mauro Orru
Orange said Tuesday that it has launched a takeover bid for its
Belgian subsidiary Orange Belgium SA at a price of 22 euros
($26.21) a share.
The French telecommunication company said it launched the offer
on April 8, nearly four months after it unveiled plans for a bid at
EUR22 a share valuing Orange Belgium at around 1.32 billion euros
($1.57 billion) in its entirety.
Orange holds almost 53% in Orange Belgium, according to
FactSet.
"Orange does not intend to change the price of its offer and
considers that this transaction offers all shareholders of Orange
Belgium a unique opportunity to monetize their equity interest on
attractive terms," the company said in a statement.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
April 13, 2021 03:06 ET (07:06 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Orange (EU:ORA)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Orange (EU:ORA)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024