0
General

Orange lifts stake in Orange Belgium to 77%

Thursday 6 May 2021 | 13:01 CET | News
Orange said it now holds 76.97 percent of Orange Belgium shares, after extending its bid for the subsidiary last month. In total, 14.4 million Orange Belgium shares were tendered in the offer, bringing the total owned by Orange to 46.2 million, including treasury shares. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Orange / Orange Belgium
Countries: Belgium
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Last week in telecoms: TIM, Orange hit merger road blocks, copper networks out

Published 10 May 2021 10:32 CET | World
The past week saw some proposed takeovers run up against obstacles. More wholesale players also started up in the fibre market, ...

Orange extends bid for Orange Belgium after less than half of shares tendered

Published 27 Apr 2021 09:33 CET | Belgium
Orange has extended its buy-out offer for Orange Belgium, after a low take-up in the initial bid period. Only 21.66 percent of ...

Orange Belgium slows revenue decline in Q1, reiterates expectations for FY

Published 21 Apr 2021 09:51 CET | Belgium
Orange Belgium reiterated its expectations for 2021 after reporting gains at its mobile and cable customer bases and a solid ...

Orange defends bid for Belgian shares, says will not raise price

Published 13 Apr 2021 10:24 CET | Belgium
Orange has confirmed it has no plans to increase its offer for the rest of shares in Orange Belgium. Following calls from ...

Polygon says will not tender Orange Belgium shares at current bid price

Published 12 Apr 2021 09:23 CET | Belgium
The investor Polygon said it does not plan to accept Orange's buy-out offer for the rest of Orange Belgium. The minority ...

Orange maintains price for Belgian buy-out as bid opens

Published 09 Apr 2021 09:36 CET | Belgium
Orange has launched its official bid for the rest of the shares in Orange Belgium. Despite calls from some minority shareholders ...

Orange Belgium bid report suggests higher takeover price unlikely

Published 07 Apr 2021 10:52 CET | Belgium
An independent report on Orange's buy-out offer for its Belgian subsidiary suggests the French company will not be raising the ...

Orange Belgium shareholder hires Deminor to fight for higher takeover bid

Published 09 Feb 2021 10:48 CET | Belgium
Polygon Global Partners, a minority shareholder in Orange Belgium, has hired the shareholder services firm Deminor to help obtain ...

Orange Belgium targets return to growth in 2021 after 7% fall in Q4 revenues

Published 05 Feb 2021 09:09 CET | Belgium
Orange Belgium saw its revenues turn lower again in Q4, with a drop of 7.2 percent to EUR 343 million. The company blamed the ...

Orange Belgium gets new CFO from Orange Group

Published 02 Feb 2021 08:43 CET | Belgium
Orange Belgium announced its CFO Arnaud Castille is stepping down after four years in the job. He will leave the company 01 ...