Sponsored
Article Tools

Hutchison Takes Over Orange

Published: December 22, 2012; 16:31 · (Vindobona)

The Austrian subsidiary of the Hong Kong-based telecommunication group Hutchison Whampoa is now officially entitled to acquire its competitor Orange.

Hutchison Takes Over Orange / Picture: © Orange

After months of negotiations and dealings with authorities, Hutchison takes over its competitor Orange. In February, Hutchison Austria and Orange announced to plan a merger. The Austrian Federal Competition Authority (BWB) decided not to appeal against the sale of Orange´s discount brand “Yesss!” to the market leader Telekom Austria. The Austrian Cartel Court and the EU Commission…

This article includes a total of 232 words.

or Log In

Fast News Search
ISIN
AT0000720008