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General

Orange offers EC concessions on Jazztel takeover

Tuesday 10 March 2015 | 16:51 CET | News
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Orange has agreed to offer concessions to the European Commission's antitrust authority as it seeks to persuade the regulator to approve its proposed EUR 3.4 billion takeover of Spanish operator Jazztel. The EC competition authority confirmed on its website that Orange submitted its offer on 06 March, without disclosing any further details. According to Spanish press reports, the EC's antitrust commissioner Margrethe Vestager sent a document to Orange and Jazztel last month setting out concerns about the competitive implications of the merger, and one of the conditions for approval is said to

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