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General

EC suspends investigation of Orange takeover of Jazztel

Thursday 19 March 2015 | 15:16 CET | News
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The European Commission suspended its investigation into Orange's proposed takeover of Spanish operator Jazztel, as it awaits more information from the companies. The European Commission previously set a deadline of 30 April to decide on the merger. This is the second time it has halted its investigation. A spokesman for EC told Reuters that the latest suspending is "because the parties did not provide a relevant piece of information". He did not provide further details. Earlier this week, Orange argued the case for the takeover at a hearing attended by officials from the Commission and

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Categories: General
Companies: European Commission / Jazztel / Orange
Countries: Spain
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