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Merger of Hutchison and Orange Still Uncertain
The takeover of Austrian telecommunication operator Orange by the Hong Kong based Hutchison faces legal problems.
Merger of Hutchison and Orange Still Uncertain / Picture: © Vindobona.org
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…
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