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Orange to Assume Full Ownership of MasOrange JV

MT Newswires·12/14/2025 23:12:19
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11:12 PM EST, 12/14/2025 (MT Newswires) -- Orange (ORA.PA) signed a binding deal with Lorca to purchase a 50% stake it does not own in the MasOrange joint venture for 4.25 billion euros. The transaction, which will provide the French telecom company with full ownership of the business, is anticipated to be finalized in the first half of 2026, subject to customary regulatory approvals and other closing conditions, according to a Dec. 12 filing.