Orange has completed the acquisition of the remaining 5.25% of Jazztel’s share capital not previously owned by the group.
Jazztel has sold 13 centres of its FTTH network, providing access to around 720,000 homes in Spain’s largest cities, to Másmóvil.
The Spanish National Securities Market Commission (CNMV) announced that shareholders representing 94.75% of Jazztel’s total share capital have accepted Orange’s offer of €13 per share.
The Spanish Securities Commission (CNMV) has authorised the voluntary cash tender offer for the acquisition of Jazztel.
The European Commission has approved the acquisition of Jazztel by Orange, subject to the full implementation of a number of commitments by the latter to ensure effective competition on the […]
Orange Spain has less than a week to convince the European Commission of the merits of its acquisition of Jazztel.
Orange had issued hybrid bonds with a total value of €3 billion for its proposed acquisition of the Spanish telco Jazztel.
Orange has reached an agreement to buy a 100% stake in the Spanish telco Jazztel.
The Spanish alternative telco Jazztel has undergone a change in ownership, with Fidelity reducing and Deutsche Bank increasing the shares they hold in the company.
Orange is understood to be in talks to buy the Spanish alternative telco Jazztel.