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Competition Commission approves Orange Switzerland sale to Apax

By  |  February 17, 2012

The Swiss Competition Commission has approved the acquisition of Orange Switzerland by Apax Partners. Apax Partners is a U.K. private equity firm; Orange Switzerland, a France Telecom subsidiary, is one of Switzerland’s leading mobile operators. The Commission found that the presence of three large network providers remaining in the mobile telephone market provided sufficient competition.

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    Source: Marketwatch

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