EU antitrust regulators to decide on Orange's Belgian deal by July 28

FILE PHOTO: A logo of Orange is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier

BRUSSELS (Reuters) - French telecoms operator Orange’s bid for a majority stake in Belgian rival VOO SA will be decided by EU antitrust regulators by July 28, a European Commission filing showed on Thursday.

The companies sought EU approval on Wednesday. The proposed purchase of 75% minus 1 share of VOO would give Orange control over the cable network in Belgium’s French-speaking Wallonia region and part of the Brussels area.

The EU competition enforcer can clear the deal with or without remedies after its preliminary review or it can open a four-month investigation if it has serious concerns.

Reporting by Foo Yun Chee; Editing by David Goodman