Orange Not Considering Full Takeover of Euskaltel
21 January 2019 - 7:30PM
Dow Jones News
By Alberto Delclaux
Orange SA (ORA.FR) said Monday that it isn't currently
considering a full takeover bid for Spanish telecommunications
group Euskaltel SA (EKT.MC), following media speculation.
In a statement to the Spanish stock market regulator, the French
company said it is nevertheless always on the lookout for growth
opportunities in Spain.
News portal TMTFinance reported last week that Orange was
considering a takeover bid for Euskaltel and had hired Credit
Suisse as an adviser.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
January 21, 2019 03:15 ET (08:15 GMT)
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