Brief: Orange Belgium Announces The Signing Of An Agreement With Nethys To Acquire 75% Minus One Share In Voo SA

Orange Belgium NV

24/12/2021 14:07

Dec 24 (Reuters) - ORANGE BELGIUM  OBEL.BR :
    * ORANGE BELGIUM ANNOUNCES THE SIGNING OF AN AGREEMENT WITH
NETHYS
TO ACQUIRE 75% MINUS ONE SHARE IN VOO SA
    * TRANSACTION IS BASED ON AN ENTERPRISE VALUE OF EUR 1.8
BILLION
FOR 100% OF CAPITAL
    * TRANSACTION WILL GENERATE SIGNIFICANT SYNERGIES, MAINLY
RELATED
TO TRANSFER OF VOO'S MVNO BUSINESS TO ORANGE BELGIUM'S NETWORK
    * CLOSING OF TRANSACTION IS SUBJECT TO CUSTOMARY CONDITIONS
PRECEDENT, INCLUDING APPROVAL OF EUROPEAN COMMISSION EXPECTED IN
2022

Source text for Eikon:  ID:nGNE45GpWs 
Further company coverage:  OBEL.BR ,  ORAN.PA 

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