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New Deal


Announced

Orange to acquire Orange Belgium for $384m.

Financials

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Transaction Value£280m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Tender Offer

Public

Single Bidder

telecommunication services

Privatisation

Mobile

Pending

Majority

Acquisition

Friendly

Belgium

Cross Border

Synopsis

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Orange, a French multinational telecommunications corporation, offered to acquire Orange Belgium for $384m. The offer price is $25.8 per share and relates to the shares issued by Orange Belgium which are not yet held by Orange and the persons related to Orange. If the conditions are met, Orange intends to delist the Orange Belgium shares which are admitted to trading on Euronext Brussels' regulated market.

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