Orange wants to fork out €62.5 million for science geeks
Orange Business Services has announced it has entered negotiations to acquire a controlling stake in data and digital services specialists Business & Decision.
The acquisition will broaden OBS’ capabilities in the business intelligence and data science spaces, particularly around data governance and data analysis. Taking a 67% stake in the company at €7.93 per share would value the business at €62.5 million, though this would represent a 34% premium on current share price.
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