ORANGE and MASMOVIL to Combine Spanish Businesses
Posted on 07/25/2022
Following the period of exclusive negotiations that began on March 8th 2022, ORANGE and MASMOVIL (LORCA JVCO) have signed a binding agreement to combine their businesses in Spain. The transaction is based on an enterprise value of €18.6 billion, €7.8 billion for ORANGE Spain and €10.9 billion for MASMOVIL. The transaction is subject to approval…
