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General

French Audit Office queries state role as Orange shareholder

Friday 27 January 2017 | 11:11 CET | News
The French Audit Office (Cour des comptes) has published a report on the role of the State as a shareholder over the 2010-2016 period, including its holdings in companies such as Orange and La Poste. The report includes several comments on the impact of the public stake in Orange, which amounts to 23 percent, highlighting that the political will to maintain the influence of the French State at its current level could potentially hold back Orange's development prospects. In particular, "the reluctance of State to see its participation diluted and its influence reduced can, from this

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Categories: General
Companies: Bouygues Telecom / Orange
Countries: France
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