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General

Proximus CEO rejects takeover speculation

Monday 14 December 2015 | 13:22 CET | News
Dominique Leroy, CEO of Belgian operator Proximus, has rejected speculation the company may be a takeover target or that the Belgian state would reduce its stake below 50 percent. In an interview with L'Echo, she said she was "amazed bankers would propose such a thing". The state is unlikely to give up the financial benefit of a controlling stake in Proximus, nor would it be interested in disrupting the market and discounting the shares by reducing its stake below 50 percent, she said. Leroy also rejected recent reports that Proximus could be a target for Orange, saying the companies had not

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Categories: General
Companies: Orange / Proximus
Countries: Belgium
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