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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% | 10.405 | 10.385 | 10.47 | 10.46 | 10.355 | 10.365 | 4,660,587 | 02:01:02 |
By Anthony Shevlin
Orange (ORA.FR) said late Thursday that it will sell its remaining stake in telecommunications company BT Group PLC (BT.A.LN).
The French telecommunications company said the sale is of a residual stake of around 248 million shares and represents around 2.5% of the share capital.
BT Group will participate in the share placement with an irreducible order at placement price of 80 million pounds ($101.5 million).
The transaction is expected to be finalized on July 2 and there will be no public offering in any country, Orange said.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com
(END) Dow Jones Newswires
June 28, 2019 01:59 ET (05:59 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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