.
MergerLinks Header Logo

Announced

Completed

Orange Belgium to acquire a 75% stake in VOO from Nethys for €1.8bn.

Financials

Edit Data
Transaction Value£1,159m
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA9.5x
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Belgium

Cable Television

cable operator

Pending

Acquisition

Private

Majority

Single Bidder

Friendly

Synopsis

Edit

Orange Belgium, a Belgian telecoms company, agreed to acquire a 75% stake in VOO, a telecoms operator that owns the cable network in the Walloon region and part of the Brussels region, from Nethys, for €1.8bn. “Today’s closing of our acquisition of VOO marks an important milestone - emboldening our convergence ambitions in Belgium. Convergence in Europe has proven to be key to our leadership in Europe and demonstrates how Orange’s new strategy, Lead the Future, will continue to meet the digital needs that our customers in Europe demand,” Mari-Noëlle Jégo-Laveissière, Orange Europe CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US