Mannesmann has control of 91% of Orange's shares
Article Abstract:
Mannesmann AG acquires 91% of Orange PLC's shares as it struggles against a hostile takeover bid made by Vodafone PLC. Vodafone will have to dispose of its Orange shares in order to acquire Mannesmann now, due to European regulations.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Mobile attack; Mannesmann races to put together Europe's WorldCom
Article Abstract:
Mannesmann AG confirmed it was negotiating with Orange PLC to buy the British mobile-phone operator for more than $30 billion (Euro 27.68 billion ). The agreement could be announced as early as today. It would put Mannesmann in a good position to overtake Telecom Italia Mobile SpA as the biggest cellphone operator in Europe. If completed, the deal could also become the eighth-biggest telecommunications merger in the world, and the second-biggest in Europe.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Vodafone advances its takeover plans
Article Abstract:
Vodafone AirTouch PLC is going ahead with its hostile takeover plan for Mannesmann AG and Orange PLC. The two deals will have a value of over $100 billion (95.74 billion euros).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Opel chases VW in race to claim the best-selling car in Europe. Western Europe's car sales rise
- Abstracts: Value builds across Asia; many major hotels swing to positive territory. Bangkok, Singapore get preference in hotel outlays
- Abstracts: French firm vaults ahead in civilian rocket market: Arianespace cut costs to beat U.S. rivals; trying to sign NASA