Polygon Announcement on Orange Belgium Valuation
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LONDON, Feb. 17, 2021 /PRNewswire/ -- Polygon Global Partners LLP is the investment manager for the Polygon European Equity Opportunity Master Fund and certain client accounts which collectively are the holders of 5.29% of Orange Belgium's (Ticker: OBEL) total share capital.
As indicated in its press release dated 1 February 2021, Polygon has hired investment bank Ondra as its financial advisor in relation to Orange SA's announcement (as published by the Belgian Financial Services and Markets Authority on 21 January 2021) of its intention to launch a voluntary conditional public takeover bid on all the shares of Orange Belgium that it does not yet own. Ondra has been carrying out a valuation of Orange Belgium, the results of which have now been communicated to Polygon.