On the Record · Orange
Orange acquisitions, on the record
The businesses Orange bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Telekom Romania CommunicationsWord for word“Acquisition of 54% of Telekom Romania Communications shares” 20-F for 2021 | acquisition | — | — |
ExelusWord for word“The main changes occurred within the Orange Business Services division, with the acquisition of Exelus (14 permanent contracts) by the Enovacom subsidiary in France, and the integration of three Swiss companies – SCRT (66 permanent contracts), Telsys (36 permanent contracts) and Swiss Cyber SA (3 permanent contracts) – into the Orange Cyberdefense subsidiary internationally.” 20-F for 2022 | acquisition | — | — |
NOWCPWord for word“Three companies left the Group during the year: NOWCP (-7 permanent contracts) and ID2S (-8 permanent contracts) in France in the Corporate Division, and Business & Decision CIS LLC Russia internationally (OBS division: -54 permanent contracts).” 20-F for 2022 | divestiture | — | — |
Democratic Republic of the Congo (DRC) and Côte d'Ivoire assetsWord for word“the higher gain on disposal of fixed assets (see Note 8.1 to the Consolidated Financial Statements) in Africa & Middle East countries (principally in connection with the disposal of assets in the Democratic Republic of the Congo (DRC) and Côte d’Ivoire), as well as for Shared Services and Poland (under programs for the optimization of real estate assets)” 20-F for 2022 | divestiture | — | — |
Deezer with the special purpose acquisition vehicle I2POWord for word“the gain on disposal of 77 million euros related to the remeasurement at fair value of Deezer assets following the merger of Deezer with the special purpose acquisition vehicle, or SPAC, I2PO and the IPO of the new entity (see Section 1.3 Significant events and Note 3.2 to the Consolidated Financial Statements)” 20-F for 2022 | merger | — | — |
VOOWord for word“Following the approval of the European Commission, Orange Belgium has finalized on June 2 nd , 2023, the acquisition of 75% of the capital minus one share of VOO for 1,369 million euros from Nethys.” 20-F for 2023 | acquisition | — | 1,369 million euros |
DeezerWord for word“On a historical basis , the increase of 168 million euros in Group operating income between 2022 and 2023, i.e. an increase of 3.5%, includes: − the negative effect of foreign exchange fluctuations of 80 million euros, mainly due to changes in the Egyptian pound against the euro of 70 million euros; − the unfavorable impact of changes in the scope of consolidation and other changes, which amounted to 60 million euros and mainly included the effect of the gain on disposal related to the revaluation of Deezer’s assets at fair value in 2022 (following the merger by absorption of Deezer by the SPAC – Special Purpose Acquisition Vehicle – I2PO, and the initial public offering of the new entity in July 2022), recognized in the review of fixed assets, investments and business portfolio for 77 million euros (see Note 3.2 to the Consolidated Financial Statements);” 20-F for 2023 | merger | July 2022 | — |
Read from Orange’s annual reports (20-F for 2023, 20-F for 2022, 20-F for 2021) and the financial data it files with the SEC, as of 2024-03-29. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.