Orange Signs Binding Agreement To Buy Remaining 50% Stake In Masorange

Reuters
2025.12.12 17:38
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Orange SA :ORANGE ANNOUNCES THE SIGNING OF A BINDING AGREEMENT WITH LORCA TO ACQUIRE THEIR 50% STAKE IN MASORANGEMASORANGE WILL BE FULLY CONSOLIDATED IN ORANGE'S ACCOUNTSACQUISITION OF REMAINING 50% STAKE IN ITS SPANISH JOINT VENTURE FOR A PRICE OF 4.25 BILLION EUROS IN CASHCLOSING OF TRANSACTION IS EXPECTED IN FIRST HALF OF 2026, SUBJECT TO CUSTOMARY REGULATORY APPROVALS