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General

Orange aims to sell Austrian, Portuguese stakes ASAP - CEO

Friday 2 September 2011 | 09:28 CET | News
France Telecom has decided to sell its 35 percent stake in Orange Austria and 20 percent holding in Portuguese mobile operator Sonaecom "as soon as possible", group CEO Stephane Richard told Bloomberg. France Telecom also aims to close the sale of Orange Switzerland, or at least reach a mid-term agreement, by the end of the year. Richard said there were a lot of people interested in the asset and that France Telecom was very confident about its capacity to monetize it. Companies considering bids include cable operator Liberty Global and investment funds Apax Partners and EQT Partners, people

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Categories: General
Companies: France Telecom / Liberty Global / Orange / Orange Austria / Salt Mobile / Sonaecom
Countries: Africa / Europe / Middle East
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