Orange completes €4.25B Mas Orange Spain acquisition
French telecommunications company Orange announced its full acquisition of the Spanish company Mas Orange for 4.25 billion euros, following the purchase of its stake in the joint venture, which will lead to its integration into Orange's financial and operational results. This move is part of Orange's strategy to strengthen its market share in Spain and expand its presence in the European telecommunications sector. The deal has been approved by regulatory authorities, including the European Commission, and the CEO of Mas Orange will join Orange's executive committee.
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