Orange S.A. (ORANY) Altice's - M&A Call Transcript

Core Points - The article discusses a joint nonbinding bid by Free-Iliad and Orange for a significant portion of Altice Group's assets, valued at EUR 17 billion [2] Group 1: Joint Bid Details - The joint bid aims to preserve a competitive ecosystem in the market, benefiting consumers [2] - The offer provides an attractive valuation that includes expected synergies from the transaction, benefiting the seller [2] - The buyers also stand to gain from the transaction, indicating a mutually beneficial arrangement [2]