Why Orange ordered studies for the listing of its Orange Middle East & Africa business (OMEA)
Until quite recently, Orange had no short-term plans for the stock market listing of its African operations under the OMEA holding. But, according to information obtained for this report, the French group, which restructured its African business in 2015 with this in mind, has been seriously considering this option for the past six months.
Someone shares this article with you
▪ Why Orange ordered studies for the listing of its Orange Middle East & Africa business (OMEA)
▪ Until quite recently, Orange had no short-term plans for the stock market listing of its African operations under the OMEA holding. But, according to information obtained for this report, the French group, which restructured its African business in 2015 with this in mind, has been seriously considering this option for the past six months.
▪ https://www.africabusinessplus.com/en/801222/pourquoi-orange-a-commande-des-etudes-pour-la-cotation-de-middle-east-africa-omea/
Several studies have been commissioned by Jérémie Dutray, Deputy Financial Director, and Alioune Ndiaye, CEO of OMEA and are expected shortly, according to our sources. This IPO, which is only possible in Paris or London given the level of the company’s valuation (several billion euros), would help the French operator fund the considerable investments it needs to make.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Telecoms
13/01/2020 at 14h58, by Africa Business+, updated 19/01/2021
In Casablanca, Orange’s African Executive Committee up and running
The French telecoms operator, which is present in 18 countries on the continent, brought together its...
Private Equity
31/12/2019 at 15h27, by Gaëlle Arenson
At the head of Orange Digital Ventures, Jerôme Berger targets investments of $56m in Africa
Orange Group’s Treasurer since 2012 was appointed CEO of the operator’s global CSR and impact investment...
Telecoms
26/11/2019 at 17h27, by Africa Business+
Connectivity: Orange to commercialise its new African backbone network soon
The new terrestrial fibre optic network, known under its French acronym Bafo (Backbone africain en fibre...
Telecoms
25/11/2019 at 15h35, by Africa Business+, updated 26/11/2019
Zamani Com (Mohamed Rissa/Moctar Thiam) takes control of Orange Niger and appoints a CEO
Zamani Com, the company owned by businessmen Mohamed Rissa and Moctar Thiam, has completed its acquisition...
Telecoms & Media
17/10/2019 at 16h18, by Africa Business+, updated 22/10/2019
Disposal of Orange Niger: Linkstone Capital and Cleary Gottlieb advise Moctar Thiam and Mohamed Rhissa
According to information obtained by Jeune Afrique Business+, the minority shareholders are being advised...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.