Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

Orange Strikes 3.4 Billion Euros Deal To Buy Spain's Jazztel


Ron Burgundy
 Share

Recommended Posts

The logo of French telecom operator Orange is seen during the company's 2013 annual results presentation in ParisBy Leila Abboud and Julien Toyer PARIS/MADRID (Reuters) - France's Orange has reached a deal to buy Spanish fixed line telecoms operator Jazztel in an effort to bolster its mobile operation in the country and better compete with rivals Telefonica and Vodafone. The French group made an offer for 100 percent of Jazztel shares at 13 euros per share in cash, which values Jazztel at 3.4 billion euros($4.40 billion). The acquisition will be financed through a combination of hybrid bonds and a capital increase of up to 2 billion euros at Orange. ...




View the full article
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share