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| Name | Symbol | Market | Type |
|---|---|---|---|
| Vodafone Group PLC | NASDAQ:VOD | NASDAQ | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.04 | 0.46% | 8.66 | 8.61 | 8.64 | 8.66 | 8.61 | 8.63 | 3,199,037 | 00:48:43 |
From May 2019 to May 2024
By William Horobin
PARIS--French telecommunications company Orange SA (ORA.F) said Wednesday that the Spanish Securities Commission has authorized its tender offer to buy Spanish broadband and cellphone operator Jazztel (JAZ.MC).
The 3.4 billion euro ($3.72 billion) offer will be open May 28 to June 24.
Earlier this month, Orange secured European Union approval for the acquisition of Jazztel after agreeing to a package of divestments and network-sharing agreements.
The deal will enable Orange to leapfrog Vodafone Group PLC (VOD.LN) to become Spain's second-largest provider of those services, with a market share of around 30%. Both companies trail Telefónica SA (TEF.MC), which holds around 43% of the market.
(Tom Fairless in Brussels contributed to this item.)
-Write to William Horobin at william.horobin@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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