Thursday, January 3, 2013

Reuters: Technology News: Hutchison Whampoa closes acquisition of Orange Austria

Reuters: Technology News
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Hutchison Whampoa closes acquisition of Orange Austria
Jan 3rd 2013, 14:03

VIENNA | Thu Jan 3, 2013 9:03am EST

VIENNA (Reuters) - Hutchison Whampoa Ltd has completed its 1.3 billion euro ($1.7 billion) acquisition of Orange Austria to make it Austria's third-biggest mobile operator, it said on Thursday.

Its purchase from Mid Europa Partners and France Telecom-Orange followed extensive negotiations that finally won European Union and Austrian regulatory approval last month.

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