Orange tries to put a positive spin on Belgium fiasco

Orange secured just over half the shares it aimed for in its recent tender offer to minority shareholders of Orange Belgium, but insists that’s a good result.
“We have achieved the objective we set for ourselves: offering a fair price to shareholders who wanted to monetize their shares and strengthening our stake in Orange Belgium,” said Ramon Fernandez, Deputy CEO in charge of Finance, Performance and Development at Orange Group, when the telco revealed the results of part two