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

EU antitrust regulators to decide on Orange's Belgian deal by July 28
EU antitrust regulators to decide on Orange's Belgian deal by July 28 Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
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BRUSSELS - 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.

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