Belgian telecom company Orange Belgium receives notice to acquire 25%+1 shareholding in VOO Holding SA from Nethys SA.
Belgian telecom company Orange Belgium receives notice from related party Nethys SA to contribute its 25%+1 shareholding in VOO Holding SA to Orange's capital, pending Nethys' holding of at least 11% post-contribution. The transaction, contingent on Extraordinary General Meeting approval on May 2, 2024, aims to allow Orange Belgium to fully acquire VOO without immediate cash outlay. The acquisition will enable the development of a network and communications operator offering quadruple-play services.
March 29, 2024
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