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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Orange | NYSE:ORAN | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.13 | 1.17% | 11.22 | 1,005 | 13:47:11 |
From May 2019 to May 2024
By Mauro Orru
Orange said Wednesday that it would file a buy-out offer for the remaining shares of consultancy Business & Decision SA through its subsidiary Orange Business Services SA.
The subsidiary of the French telecommunications company currently holds 93.62% of Business & Decision's share capital and 93.42% of voting rights.
Orange said it would file the offer at a price of 7.93 euros ($8.65) per share to the French financial regulator AMF, followed by a mandatory squeeze-out--a mechanism triggered by a majority shareholder urging minority shareholders to sell their stakes in a company--by the end of February.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
February 12, 2020 03:27 ET (08:27 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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