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Deutsche Bids For Orange Netherlands, Offers Ya.com

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Germany’s Deutsche Telekom is keen to buy Orange Netherlands from its parent company France Telecom, reports Reuters. Orange Netherlands has been valued at around 1.6 billion euros (US$2.15 billion) and is the fourth largest operator in the country—Deutsche Telekom currently owns the fourth largest operator. DT has a few competitors in the bidding (such as a private equity consortium led by Providence Equity Partners) but also has an ace-up-the-sleeve in the form of Spanish Internet provider Ya.com, which it put up for sale a few months ago and which France Telecom is interested in buying. Ya.com has been valued at around 500 million euros, and it appears a swap is being negotiated as part of a deal.

May 23, 2007 10:20 AM ET

Posted In: Money, M&A & Venture Capital, Companies, Countries, Europe, Germany

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