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General

Orange confident of closing Jazztel deal in H1 2015

Thursday 4 December 2014 | 16:35 CET | News
Orange has announced that it remains confident of completing its acquisition of Spanish broadband provider Jazztel, even after the European Commission confirmed it would be carrying out an in-depth investigation of the proposed takeover. "The time limit for this new phase of the proceeding is already included in the schedule for the deal," said the French group in a statement, adding that "Orange maintains its ambition to close the operation during the first half of 2015." The company was responding to an earlier statement from the EC's competition authority setting a 24 April deadline to

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