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Thursday, February 5, 2015

Market Chatter-Corporate finance press digest, (NYSE: ORAN)

The following corporate finance-related stories were reported by media:* French telecoms group Orange has explored purchasing some assets in Africa including ones owned by India's top mobile phone carrier Bharti Airtel, as the company seeks to strengthen its business in Africa, Bloomberg reported, citing people familiar with the matter.

Orange SA, formerly France Telecom SA, is a France-based company that is engaged, principally, in the provision of integrated telecommunications services. Shares of ORAN fell by 1.58% or $-0.29/share to $18.06. In the past year, the shares have traded as low as $12.10 and as high as $18.80. On average, 846992 shares of ORAN exchange hands on a given day and today's volume is recorded at 991630.