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Orange confident of closing Jazztel deal in H1 2015

2014-12-04 16:35:00| Telecompaper Headlines

(Telecompaper) Orange has announced that it remains confident of completing its acquisition of Spanish broadband provider Jazztel, even after the European Commission confirmed it would be carrying out an in-depth investigation of the proposed takeover. "The time limit for this new phase of the proceeding is already included in the schedule for the deal," said the French group in a statement, adding that "Orange maintains its ambition to close the operation during the first half of 2015." The company was responding to an earlier statement from the EC's competition authority setting a 24 April deadline to rule on the deal. "The loss of Jazztel as an important competitive force could lead to price increases for these services for customers in Spain," said the Commission. "Both companies are important competitive forces with a stronger influence on the competitive dynamics in these markets than suggested by their market shares." On 16 September Orange offered EUR 3.4 billion in cash to acquire 100 percent of Jazztel's shares, a transaction that would enable the French group to move ahead of Vodafone into second place in the Spanish fixed broadband sector thanks to Jazztel's 1.5 million customers.

Tags: deal orange closing confident

 

BASF Launches New Orange Pigment for Industrial Coatings Applications

2014-12-02 06:00:00| Coatings World Breaking News

Tags: industrial applications orange launches

 
 

Product Launch - Naranjas Che's Tarongino orange wine

2014-11-28 12:19:00| Daily beverage news and comment - from just-drinks.com

Spanish orange grower Naranjas Che has launched an organic alcoholic wine made from oranges.

Tags: product orange wine launch

 

Orange, DT confirm talks with BT about EE sale

2014-11-26 09:00:00| Telecompaper Headlines

(Telecompaper) UK mobile operator EE's joint shareholders, Orange and Deutsche Telekom, are holding preliminary talks with BT, Orange confirmed. The announcement comes after BT said it was in discussions with Telefonica UK (O2) and another unnamed company about possibly buying a mobile operator. Describing the talks with BT as "highly preliminary exploratory discussions", Orange said it and Deutsche Telekom regularly analyse the development of the market in which EE operates, evaluating various strategic options which have the potential to create value for EE's shareholders and to strengthen the operator's market position. Orange added that it was too early to state whether any transaction may occur and that it and Deutsche Telekom will make further announcements if and when appropriate.

Tags: sale ee orange confirm

 

Orange County auto dealer sues former employee over online review

2014-11-20 06:45:33| Auto Dealers - Topix.net

An Orange County woman is learning that what you post online, even anonymously, could end up costing you big. "Working for Hitler" is a title that has attracted attention, but could end up costing the woman who posted it at least $15,000.

Tags: online review auto county

 

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