EU rubber stamps FT’s Amena deal

25 Oct 2005

The European Commission yesterday approved France Télécom’s EUR6.4 billion (USD7.64 billion) cash purchase of Spain’s third largest mobile operator Amena – its biggest acquisition for several years. In a statement the Commission said that in its opinion, ‘the transaction would not significantly impede effective competition in the European Economic Area or any substantial part of it.’

Spain, Amena (Retevisión Móvil), Orange Group