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Topic

Orange

Orange looks for new investor in loss-making banking unit

Orange looks for new investor in loss-making banking unit

Published 03 Mar, 2021 06:27pm
  • The online bank was developed thanks to the acquisition of a majority stake in lender Groupama Banque. Groupama, a French insurer, now owns 22% of the group. Orange controls the remaining 78%.
  • The question is to find a partner to accelerate and continue the development of Orange Bank," the source said.
French telco Orange says to recover 2.2bn euros in tax

French telco Orange says to recover 2.2bn euros in tax

Published 13 Nov, 2020 08:53pm
  • Orange said in a statement the decision by the council, France's top administrative court.
  • Orange shares, which had been trading lower, jumped nearly 3% on the news and stood 1.8% higher on the day.
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