World
Cerberus is considering takeover of Orange bank -Les Echos
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
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