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Hutchison Takes Over Orange
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: © Vindobona.org
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…
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