Deals
Orange to Sell Dominican Unit to Altice for $1.4 Billion
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Orange SA, France’s biggest phone company, agreed to sell its Dominican Republic unit to Altice, a cable and telecommunications investor, for $1.4 billion.
Completion of the deal is subject to approval from Dominican authorities, and Orange’s board will consider the transaction in the week starting Dec. 9, Altice said yesterday. The sale includes the use of the Orange brand.