France Telecom to buy Amena
An AP and Canadian Press article, via The Globe and Mail, reports that:
The EU head office cleared Europe's second-largest telecom operator, France Telecom SA, to buy 80 per cent of Spanish wireless company Amena on Monday.
The 6.4-billion euros ($7.7-billion U.S.) deal is the French firm's largest since it bought mobile business Orange in 2000 at the height of the technology boom.
The takeover would not harm competition in Europe, the European Commission said.
posted by Fergie @ 10/24/2005 02:49:00 PM
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