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EU: Orange gives ground in bid to land Jazztel

By  |  March 10, 2015

French telecoms group Orange has offered concessions to European Union antitrust regulators in an attempt to ease competition concerns about its 3.4-billion-euro deal to buy Spanish operator Jazztel.

The move came after the European Commission last month warned Orange that its planned acquisition was considered a significant impediment to competition, putting pressure on the company to come up with concessions.

Orange’s offer was submitted on March 6.

 

Full Content: Telecompaper

 

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