Welcome to our dedicated page for Orange Belgium news (Ticker: MBSRY), a resource for investors and traders seeking the latest updates and insights on Orange Belgium stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Orange Belgium's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Orange Belgium's position in the market.
CommScope has partnered with Orange Belgium to launch next-generation set tops powered by the Android TV™ OS. These devices will enhance subscriber experiences with live TV and streaming services. Key features include access to premium streaming apps, a multiscreen cloud recording service, and Chromecast built-in™ functionality. The devices are environmentally friendly, made with 99% post-consumer recycled plastics and eliminate single-use plastics in packaging. This collaboration marks CommScope's second deployment of Android TV devices, expecting further expansions in 2022.
Polygon Global Partners LLP, managing 5.29% of Orange Belgium's total share capital, has opted not to tender its shares in Orange SA's voluntary offer. Following this, Orange SA holds 74.68% of Orange Belgium's shares and will re-open the offer for five trading days. Polygon argues that Orange SA's offer of €22 per share undervalues Orange Belgium, citing significant EBITDA growth in Q1 2021 aligned with its business plan. Polygon believes other minority shareholders will resist the offer, preventing Orange SA from reaching the 95% threshold needed for a squeeze-out bid.
Polygon Global Partners holds 5.29% of Orange Belgium's total share capital and argues that the €22 per share offer from Orange SA undervalues the company. They criticize a report by Degroof Petercam for not valuing Orange Belgium's telecom tower portfolio and for overly pessimistic growth assumptions. Polygon estimates the company's value at over €40 per share and hired Ondra to support their stance, suggesting that a fair offer should be made. Polygon intends to resist the current offer until a better valuation is provided.
Polygon Global Partners LLP holds 5.29% of Orange Belgium's shares and has hired Ondra as a financial advisor for a potential takeover bid by Orange SA. Ondra's valuation estimates Orange Belgium's shares between €32 and €36, potentially reaching €45 if telecom tower assets are monetized. The valuation methods involved market-driven approaches and intrinsic value calculations, utilizing only publicly available data. Polygon has communicated these findings to Orange Belgium's Board while reserving the right to adjust its position on the shares.
Polygon Global Partners LLP, holding 5.29% of Orange Belgium's share capital, has engaged Ondra as a financial advisor following Orange SA's announcement of a voluntary public takeover bid for the remaining shares of Orange Belgium. Polygon believes that the proposed price of 22 euros per share undervalues the company, highlighting the unaccounted value in its tower assets and the recent monetization of French fibre networks by Orange SA. Polygon intends to keep communication open with both Orange Belgium's Board and management.
