Article Tools

Merger of Hutchison and Orange Still Uncertain

Published: September 21, 2012; 19:25 · (Vindobona)

The takeover of Austrian telecommunication operator Orange by the Hong Kong based Hutchison faces legal problems.

Merger of Hutchison and Orange Still Uncertain / Picture: © Orange

This week, the Commission has sent a letter to Hutchison. The Commission of the EU seems to have rejected Hutchison´s offers. The Commission still has a number of severe objections against the deal. As the number of telecommunication suppliers would be reduced from four to three, the Commission decided to introduce a deepened examination.

Last winter, the buyer Hutchison and the…

This article includes a total of 338 words.

or Log In

Fast News Search