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New Deal


Announced

Orange to merge Orange Romania and Orange Romania Communications.

Financials

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

Tags

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Mobile

Merger

Friendly

Romania

mobile operator

Acquisition

Domestic

Majority

Private

Pending

Synopsis

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Orange, a multinational telecommunications corporation, agreed to merge Orange Romania, a mobile operator, and Orange Romania Communications, a fixed telecommunications operator. Financial terms were not disclosed. "Today is a very important day for Orange Romania and Orange Romania Communications, and the signing of this agreement will strengthen our position on the Romanian market and bring us closer to being a fully converged telecom operator for our residential and business customers. I want to thank the Romanian Government, our key partner, and our involved teams for this achievement," Mari-Noëlle Jégo-Laveissière, Orange Executive Vice President, CEO of Europe.

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