The French operator Orange announced on Tuesday that it had launched its public takeover bid on April 8 for the 47% stake in the capital of its Belgian subsidiary that it does not yet own, at the “
final
” price of 22 euros per share.
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This price, which was approved by the Belgian Financial Markets Authority (FSMA) on March 31, shows “in
particular premiums of 36%, 48%, 49% and 38% respectively compared to the last closing price and to average prices weighted by volumes over the 3 months, 6 months and 12 months preceding the announcement of the transaction,
”detailed Orange in a press release.
The amount of the transaction would therefore amount to nearly 620 million euros.
"
Orange does not intend to change the price of its offer and considers that this transaction offers all shareholders of Orange Belgium a unique opportunity to immediately monetize their participation at attractive conditions
", affirmed the French company. .
Orange is not ruling out the possibility of delisting its Belgian subsidiary from the listing at the end of the transaction.
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The French group recovered more than 2.2 billion euros following a tax dispute at the end of 2020. Orange had announced that it intended to use this sum to acquire in particular all of its Belgian subsidiary.