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Cerberus is considering takeover of Orange bank -Les Echos

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PARIS, Dec 13 (Reuters) – U.S. non-public fairness fund Cerberus is contemplating submitting a bid for Orange’s (ORAN.PA) cellular banking unit, Les Echos reported on Tuesday, citing unnamed sources.

An Orange spokesman declined to remark.

Reporting by Tassilo Hummel
Enhancing by Chris Reese

Our Requirements: The Thomson Reuters Belief Ideas.

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