Orange to buy remaining 50% of Spanish unit MasOrange for $5 billion

Core Viewpoint - French telecoms group Orange has reached a non-binding agreement to acquire the remaining 50% stake in its Spanish unit MasOrange for 4.25 billion euros ($4.96 billion) [1] Group 1 - The acquisition will allow Orange to fully own MasOrange, enhancing its position in the Spanish telecom market [1] - The deal is valued at approximately 4.25 billion euros, which translates to about $4.96 billion [1] - This move reflects Orange's strategy to consolidate its operations and strengthen its market presence in Spain [1]