Trending: Orange Belgium Unit Gets EU Nod for VOO Deal

Dow Jones2023-03-20

1528 GMT - Orange SA is among the most mentioned companies across news items over the past 12 hours, according to Factiva data. The French telecommunications company's separately listed Belgian unit, Orange Belgium SA, received approval from European Union antitrust authorities for its proposed acquisition of a majority stake in VOO SA, subject to compliance with commitments it offered. Orange Belgium said it expects to close the deal by the end of the second quarter. Moreover, French media reported over the weekend that Orange's business-focused division is planning to cut 700 jobs as part of a reorganization. Orange didn't respond to a request for comment on the job-cut plans. Dow Jones & Co. owns Factiva. (adria.calatayud@dowjones.com)

(END) Dow Jones Newswires

March 20, 2023 11:28 ET (15:28 GMT)

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2023-04-09
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