Orange announced today that Orange Belgium has finalized the acquisition of a majority stake in telecommunications operator VOO SA.

The completion of this transaction gives Orange Belgium a stake of 75% less 1 share in VOO SA, while the remaining 25% plus 1 share is retained by Nethys.

This transaction values VOO at an enterprise value of 1.8 billion euros for 100% of its capital. Orange Belgium will finance this transaction through an intra-group loan.


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