Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Wright Reports
$75.00
Provider: Reuters Investment Profile
$20.00
Provider: Ford Investor Services, Inc.
$12.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

France Telecom SA and Mid Europa Partners Complete Sale of Orange Austria to Hutchison Whampoa Ltd Subsidiary


Thursday, 3 Jan 2013 09:41am EST 

France Telecom SA (France Telecom-Orange) announced that, together with it partner Mid Europa Partners (MEP), they have completed the sale of their combined 100% stake of Orange Austria GmbH (Orange Austria) to Hutchison 3G Austria Holdings GmbH (Hutchison), a subsidiary of Hutchison Whampoa Ltd. France Telecom-Orange held a 35% stake in Orange Austria and MEP a 65% stake. The sale of Orange Austria, based on an enterprise value of approximately EUR 1.3 billion, provides France Telecom-Orange with cash proceeds of around EUR 70 million for the sale of its equity stake.