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Orange-Takeover: Commission to Announce Decision Next Week

Published: December 8, 2012; 15:46 · (Vindobona)

EU Commissioner Joaquin Almunia said that the final decision will be published next week. The deal is likely to be approved.

Orange-Takeover: Commission to Announce Decision Next Week / Picture: © European Commission

The Austrian Cartel Court has already approved the planned acquisition of Orange´s discount brand “Yesss!” by Telekom Austria. This take-over was the precondition for the take-over of Orange by Hutchison Austria. Last week, the Austrian Cartel Authority has submitted its concerns to the Commission. Now, only the final approval of the Commission is still outstanding. The deadline…

This article includes a total of 257 words.

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