- Orange SA, the largest phone company in France, is planning to issue an initial public offering (IPO) by mid this year.
- The firm has selected Morgan Stanley and BNP Paribus as its advisors for its Africa and Middle East business IPO.
- Details about the IPO remain scanty, and when contacted by Bloomberg, representatives of the proposed IPO including, Morgan Stanley and BNP, declined to comment.
Latest Africa news
Group would consider offer for its entire stake in unit
Drugmaker wants 10 percent annual increase in sales to the continent
Company interested in Botswana and Namibia
Approval process in country may take up to 18 months
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Miner may see legal action over severance packages
Capensis with aim to produce the ‘best Chardonnay from South Africa’
SA’s 2014 vintage was “tight, austere and European”
Group ramps up production to meet targets after wildcat strike
Investors brace for slump in profits as miner releases full-year figures tomorrow
Miner shortlists 10 possible buyers for its Union mine in South Africa
Nigeria most obvious choice for company’s expansion
Distiller counts on spirits to drive expansion
Group’s majority-owned Aqua buys marketing technology business Applogix
UK, Germany show signs of improvement
Analysts expect platinum rice to increase as supply remains under threat