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Orange eyeing exit from BT

2017-06-20 02:00:00| Total Telecom industry news

Orange on Tuesday sold a 1.33% stake in BT for £383 million, and announced plans to issue convertible bonds equating to another 1.33%. The transactions will reduce the French incumbent's holding in its troubled U.K. counterpart to 1.33% from 4%. Orange also said it may offload its remaining shares to a strategic investor…read more on TotalTele.com »

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