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Wireless

State sells Orange Denmark stake

Thursday 6 May 2004 | 11:01 CET | News
Orange Denmark has bought out all minority shareholders in the firm, including the Danish state and now has full ownership of its Danish subsidiary, Boersen reported. The Danish state received payment of DKr 104 million (EUR 14.8 million) for its stake of some 10 percent in the firm. The deal is subject to the Danish state and other minority shareholders in Denmark dropping a legal case against Orange in which DKr 286 million has been demanded for the Orange stakes.

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Categories: Mobile & Wireless
Companies: Orange
Countries: Denmark
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