Guest pisquee Posted September 17, 2003 Report Posted September 17, 2003 Anyone else here an Orange share holder? I read a fed days ago that France Telecom is wanting to buy out all minority shareholders in Orange. I am wondering if anone has actually been contacted yet and/or what their offer is like - i.e. is it worth taking, or is not ht etime to sell the shares as they are finally again above the initial price of purchase?
Guest mcwarre Posted September 17, 2003 Report Posted September 17, 2003 Been in the papers today France Telecom offering to buy back shares (not allowed in France, Germany or some other countries (for legal reasons)). Basically they want all the shares as Orange is their cash cow and with France Telecoms debts they need all of the profit from Orange hence they want all the shares. You don't have to sell em btw.
Guest goinnuts Posted September 17, 2003 Report Posted September 17, 2003 its going to majority vote, if everyone says yes i have to sell. i will get 11 france telecom for every 25 o shares. ft shares at 15 euros each. i am buying o shares at £4 :wink: should make a lil money.
Guest pisquee Posted September 17, 2003 Report Posted September 17, 2003 I know that I don't have to - I'm just wondering what they are going to offer me for them.
Guest amo Posted September 21, 2003 Report Posted September 21, 2003 We got an email about this at work a few weeks ago, apparently it won't effect Orange's operations or anything and it would be the same as before. Cant really offer financial advice though
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now