|Bid||16.92 x 0|
|Ask||17.78 x 0|
|Day's range||17.10 - 17.42|
|52-week range||16.24 - 19.90|
|Beta (5Y monthly)||0.37|
|PE ratio (TTM)||26.26|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||15 Jun 2021|
|1y target est||N/A|
BRUSSELS (Reuters) -French telecoms provider Orange's bid for a majority stake in Belgian peer VOO SA will face a full-scale investigation by EU antitrust regulators, a person familiar with the matter said on Wednesday, which Orange subsequently confirmed. The planned acquisition of 75% of VOO valuing the company at 1.8 billion euros ($1.82 billion) and announced in November underscores Orange's strategy of offering "onvergent offers" in both broadband and mobile to customers in all European countries. In recent years the telecoms sector has seen operators embark on packages encompassing both broadband and mobile to entice users and grab market share.
The latest set top is the result of the integration of Orange ecosystem partners with CommScope's (COMM) software.
Orange (ORAN) invests in the 'Move Capital I' VC fund to boost Europe-based technology companies in the digital B2B sector.