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Polygon Announcement on Orange Belgium Valuation


Polygon Announcement on Orange Belgium Valuation
USA - English
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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. ....

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