Ivory Coast | BRVM Values Combined Cote d’Ivoire Telecom-Orange at $6 Billion
Abidjan, Cote d’Ivoire, Capital Markets in Africa: A combination of Ivory Coast’s landline operator Côte d’Ivoire Telecom and Orange SA’s local unit may be valued at $4 billion to $6 billion on the regional stock exchange, a deal that could increase the capitalization of Bourse Regionale des Valeurs Mobilieres by as much as 40 percent. Ivory Coast and Paris-based Orange have agreed to merge Côte d’Ivoire Telecom with Orange Côte d’Ivoire, the biggest mobile operator in the West African country by…
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