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ORA Orange.

10.47
0.02 (0.19%)
Last Updated: 15:00:56
Delayed by 15 minutes
Share Name Share Symbol Market Type
Orange. EU:ORA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 0.19% 10.47 10.465 10.47 10.525 10.445 10.465 1,503,028 15:00:56

French Government to Sell 1.9% Stake in Orange -- Report

01/10/2014 8:38am

Dow Jones News


Orange (EU:ORA)
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PARIS--The French government will sell a 1.9% stake in former French telecom monopoly Orange SA (ORA.FR) through state-owned investment bank BPI, Les Echos newspaper said.

The stake is worth EUR595 million ($753 million) at the market price, the newspaper said.

No officials at BPI were immediately available for comment.

German brokers said BPI is offering the stake through a private placement at a price that values the stake at EUR600 million.

Newspaper Web site: http://www.lesechos.fr

Write to Inti Landauro at inti.landauro@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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